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Corner Mixed-Use Building with Bar

541 E Girard Avenue Philadelphia, PA 19125

541 E Girard Avenue, Philadelphia, PA, 19125
$1,550,000
For Sale
Claim this Listing
$1,550,000

Corner mixed-use building with extensive frontage and a ground-floor bar, plus two bi-level residential units above.

Property Size3,285 SF
Price / SF$471.84
AddedJan 29
Days on Market167
Last RefreshJul 14 at 2:13 am

Property Features for 541 E Girard Avenue

General Information

Standard status
Active
Size
3,285 SF
Property subtype
Commercial

Building Details

Year Built
1915

Listing office Mallin Panchelli Nadel Realty Inc

Listing date Jan 29, 2026

Source Deepcreeklake

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 Mallin Panchelli Nadel Realty Inc


Investment Insights

Based on property information with market context.

A 3,285 SF corner mixed-use building on a 1,600 SF lot, offering a 1,500 SF ground-floor bar space and two bi-level, 2-bedroom, 2-bath residential units on the upper floors. The ground-floor space was recently occupied by the bar Kraftwork for over 20 years, creating a proven hospitality setup within the property’s existing layout.

The building provides extensive frontage along both East Girard Avenue and East Montgomery Avenue, supporting strong visibility from two streets. It is located in the Fishtown section of Philadelphia, with easy access to the I-95 corridor and I-676 exchange, and to the E Girard and Palmer St light rail stop and other local mass transit.

Key Highlights

  • 3,285 SF corner mixed‑use building on a 1,600 SF lot with frontage along E Girard Ave and E Montgomery Ave
  • 1,500 SF ground‑floor bar space with extensive street frontage on a corner location
  • Upper floors feature two bi‑level residential units, each with 2 bedrooms and 2 bathrooms

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 $84.8k $25.80
− Vacancy −$4.7k −$1.42
EGI $80.1k $24.38
− OpEx −$24.0k −$7.31
NOI $56.1k $17.06
3,285 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$800.8K
$700.7K – $934.3K (±1% cap)
NOI $56,058 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$738.2K
$645.9K – $861.2K (±1% cap)
NOI $51,671 @ 7.0% cap · market cap 3.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Kraftwork Bar & Pub

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Nursing Home Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Dolce&Caffè — 708 N 2nd St, Philadelphia, PA 19123
  • The 700 — 700 N 2nd St, Philadelphia, PA 19123
  • Druid's Keep — 149 Brown St, Philadelphia, PA 19123
  • Mainstay Independent Brewing Company — 901 N Delaware Ave, Philadelphia, PA 19123
  • Craft Hall — 901 N Delaware Ave, Philadelphia, PA 19123

FAQs

What type of property is this?
Bar & Pub - Corner mixed-use building with extensive frontage and a ground-floor bar, plus two bi-level residential units above.
Where is this bar & pub located?
The property is located at 541 E Girard Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 3,285 SF corner mixed‑use building on a 1,600 SF lot with frontage along E Girard Ave and E Montgomery Ave; 1,500 SF ground‑floor bar space with extensive street frontage on a corner location; Upper floors feature two bi‑level residential units, each with 2 bedrooms and 2 bathrooms
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