Masonry
For Sale
Contact for pricing
534 W GIRARD AVENUE, Philadelphia, PA 19123
This masonry commercial space has on-street parking, with water and trash costs paid by the owner.
Property Size900 SF
Price / SF$22.22
Days on Market71
Property Features for 534 W GIRARD AVENUE
General Information
Standard status
Active
Size
900 SF
Property subtype
Retail
Site & Location
Neighborhood
Northern Liberties
Taxes and HOA fees
Annual Taxes
$20,444
Building Details
Building Size
900 SF
Year Built
1915
Construction
masonry
Listing Agency:
Penn Liberty Real Estate
Listed By:
Ramon D Caceres Jr. · License #RM421140
(215) 922-7900
Source:
Wagnerrealestate
Added: Aug 24
Changed: Nov 1
Last Checked: Nov 1 at 3:07PM
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 Penn Liberty Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1915, this 900-square-foot masonry storefront is located at 534 W Girard Avenue in Philadelphia. On-street parking serves the property, and the owner pays for water and trash collection.
Key Highlights
- 900‑square‑foot storefront property
- Masonry construction; built in 1915
- On‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,172
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,440
$203.4K
Cap Rate 7%
$145,314
$145.3K
Cap Rate 9%
$113,022
$113.0K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$16.2K $18.00/SF
− Vacancy
−$1.7K −$1.85/SF
EGI
$14.5K $16.15/SF
− OpEx
−$4.4K −$4.84/SF
NOI
$10.2K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,440
Cap Rate 7%
$145,314
Cap Rate 9%
$113,022
Alternative Uses
Best Use
Retail
$145.3K
$127.2K – $169.5K
NOI $10,172 @ 7.0% cap · market cap 50.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$219.4K
$192.0K – $256.0K
NOI $15,358 @ 7.0% cap · market cap 76.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,111
Businesses Nearby
43k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 38%
Groceries 16%
Home Improvements & Furnishings 5%
Dunkin' Donuts
Dining
14,354 visits/mo
0.3 miles
Sunoco
Shops & Services
9,869 visits/mo
0.1 miles
Fine Wine & Good Spirits
Groceries
6,966 visits/mo
0.4 miles
The UPS Store
Shops & Services
4,184 visits/mo
0.3 miles
Papa John's Pizza
Dining
2,165 visits/mo
0.1 miles
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Storefront property - This masonry commercial space has on-street parking, with water and trash costs paid by the owner.
Where is this storefront property located?
The property is located at 534 W GIRARD AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 900‑square‑foot storefront property; Masonry construction; built in 1915; On‑street parking
