Corner Mixed-Use Building with
541 E Girard Avenue Philadelphia, PA 19125
541 E Girard Avenue, Philadelphia, PA, 19125
$1,550,000
For Sale
$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
Days on Market168
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 Agency
Mallin Panchelli Nadel Realty Inc
Listed by
Veronica Gintel Blum
Source
Deepcreeklake
Added: Jan 29 Checked: Jul 15 at 9:11 pm
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.
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
NOI $56,058 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$738.2K
$645.9K – $861.2K
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
Similar For Sale Nearby
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
