Mixed-Use Retail with
4032 W Girard Ave Philadelphia, PA 19123
4032 W Girard Ave, Philadelphia, PA, 19123
$800,000
For Sale
$800,000
Zoned CMX2, featuring ground-floor commercial space and four one-bedroom apartments across the upper levels.
Property Size3,756 SF
Price / SF$212.99
Days on Market180
Property Features for 4032 W Girard Ave
General Information
- Standard status
- Active
- Size
- 3,756 SF
Listing agency
Springer Realty Group
(267) 584-7361
Listed by
Jermaine Maurice Glover · License #RS375330
(267) 584-7361
Source
Exprealty
Added: Jan 22 Updated: Jul 10 at 2:02PM Checked: Jul 20 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Springer Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property includes ground-floor commercial space with residential units above. The building has an above-grade finish of 3,756 square feet and is configured with four one-bedroom apartments located on the 2nd and 3rd floors.
Located at 4032 W Girard Ave in Philadelphia, the property is described as being blocks away from the Philadelphia Zoo. The property is zoned CMX2, providing a framework for combined commercial and residential use.
For investors and buyers seeking an income-producing residential component paired with street-level commercial space, this layout offers a practical split between retail and apartment living within one asset. With all four one-bedroom units positioned on the upper floors and the commercial space on the ground level, the building supports a mixed-use operating model under the stated CMX2 zoning.
Located at 4032 W Girard Ave in Philadelphia, the property is described as being blocks away from the Philadelphia Zoo. The property is zoned CMX2, providing a framework for combined commercial and residential use.
For investors and buyers seeking an income-producing residential component paired with street-level commercial space, this layout offers a practical split between retail and apartment living within one asset. With all four one-bedroom units positioned on the upper floors and the commercial space on the ground level, the building supports a mixed-use operating model under the stated CMX2 zoning.
Key Highlights
- Zoned CMX2
- Above‑grade finished area totals 3,756 sq. ft.
- Ground‑floor commercial space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.9k | $25.80 |
| − Vacancy | −$5.3k | −$1.42 |
| EGI | $91.6k | $24.38 |
| − OpEx | −$27.5k | −$7.31 |
| NOI | $64.1k | $17.06 |
3,756 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$915.7K
$801.2K – $1.07M
NOI $64,096 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$844.0K
$738.5K – $984.7K
NOI $59,080 @ 7.0% cap · market cap 7.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kreative Marketing
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Zoned CMX2, featuring ground-floor commercial space and four one-bedroom apartments across the upper levels.
Where is this quadplex located?
The property is located at 4032 W Girard Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Zoned CMX2; Above‑grade finished area totals 3,756 sq. ft.; Ground‑floor commercial space
