Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    410 Girard Ave Philadelphia, PA 19123-1412

    • Investment properties
    • 2,400 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2302804
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 410 Girard Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.02 lot acres
    Property size
    2,400 SF
    Zone code
    CMX2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    87-1-5103-90
    APU
    871510390

    Description

    Exceptional opportunity to acquire a thriving bar and building in Philadelphia's vibrant Northern Liberties neighborhood. This turnkey business includes a fully operational bar with an accompanying amusement license, significantly enhancing its value and potential. Located at 410-412 W Girard Ave, Philadelphia, PA 19123, this CMX-2 zoned property boasts a substantial 4,860 square feet across three stories, situated on a 1,916 square foot lot. The ground floor houses the established bar, ready for immediate operation. The upper two floors, while currently in a partially demolished state, offer significant potential for redevelopment. Previous configurations included residential units, presenting a unique chance to create additional income streams through multifamily conversion or alternative uses. The asking price of $1,250,000 includes the building, the established bar business, and the valuable liquor license. This rare combination of a profitable business and substantial real estate presents a compelling investment opportunity with significant upside potential. The property's location in the thriving Northern Liberties area ensures high visibility and foot traffic, further enhancing its appeal. Don't miss this chance to own a piece of Philadelphia's rich history and vibrant nightlife scene. The building's size and zoning allow for a variety of future development options, making this a truly unique and versatile investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1435
    Latitude
    39.9698
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,758
    $0.00
    $0.00
    $419,900
    -
    $0.00
    $0.00
    $419,900

    Comparable in this City

    • Value Estimation
      $350,000
      5,823 SF

      931 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,823 SF
      931 2nd St, Philadelphia, PA 19123-2326
      View Details
    • Value Estimation
      $300,000
      5,343 SF

      527 Fairmount Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,343 SF
      527 Fairmount Ave, Philadelphia, PA 19123-2809
      View Details
    • Value Estimation
      $250,000
      4,050 SF

      421 Fairmount Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,050 SF
      421 Fairmount Ave, Philadelphia, PA 19123-2857
      View Details
    • Value Estimation
      $370,000
      8,108 SF

      19-21 Girard Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 8,108 SF
      19-21 Girard Ave, Philadelphia, PA 19123
      View Details
    • Value Estimation
      $275,000
      4,080 SF

      1214 Spg Gdn St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,080 SF
      1214 Spg Gdn St, Philadelphia, PA 19123-3207
      View Details
    • Value Estimation by Request
      14,112 SF

      610 American St, Unit 12

      OFFICE/RESIDENTIAL (MIXED USE) • 14,112 SF
      610 American St, Philadelphia, PA 19123-2909
      View Details

    Similar Nearby for Sale

    • $779,000
      3,252 SF

      Mixed-Use Property on Spring Garden

      Three-story mixed-use building with retail and residential units.
      937 Spring Garden St, Philadelphia, PA 19123
      View Details
    • $799,999
      2,124 SF

      Modern Duplex in Philadelphia

      Contemporary duplex built in 2014, ideal for investors or owner-occupants.
      1106 Wallace St, Philadelphia, PA 19123
      View Details
    • $779,000
      2,823 SF

      Mixed-Use Property Near Public Transit

      Three-story mixed-use property with retail and residential units in Philadelphia.
      935 Spring Garden St, Philadelphia, PA 19123
      View Details
    • $779,000
      2,304 SF

      Mixed-Use Gem on Spring Garden

      Mixed-use property with retail space and residential unit in Philadelphia.
      933 Spring Garden St, Philadelphia, PA 19123
      View Details
    • $549,000
      2,196 SF

      Mixed-Use Property in Northern Liberties

      Cash-flowing mixed-use asset in a prime Philadelphia location.
      331 W Girard Ave, Philadelphia, PA 19123
      View Details
    • $1,650,000
      8,172 SF

      Girard Ave Development Site

      Prime West Poplar corner lot, 8,172 SF.
      800-804 Girard Ave, Philadelphia, PA 19123
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Commercial Space in New Construction

      900 SF commercial space in Philadelphia's growing residential area.
      614 Front St N, Philadelphia, PA 19123
      View Details
    • Contact for pricing
      188,000 SF

      Riverview Place Office Space Available

      Prime Philadelphia Office, 15,145 SF Available
      520 Christopher Columbus Blvd, Philadelphia, PA 19123
      View Details
    • Contact for pricing
      31,889 SF

      Hamilton Street Creative Office

      Philadelphia Creative Office Suites Available
      1025 Hamilton St, Philadelphia, PA 19123
      View Details
    • $18 SF/Yr
      4,320 SF

      Spring Arts District Office Space

      2,880 SF Furnished Office, Prime Location
      1233-35 Hamilton St, Philadelphia, PA 19123
      View Details
    • Contact for pricing
      200 SF

      Prime Philly Commercial Kitchen

      200 SF Ghost Kitchen - Turnkey Ready
      1308 Girard Ave, Philadelphia, PA 19123
      View Details
    • Contact for pricing
      5,752 SF

      Girard Plaza Retail Spaces Available

      Philadelphia Retail, Daycare Spaces
      1100 Girard Ave, Philadelphia, PA 19123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    410 Girard Ave
    Philadelphia, PA 19123-1412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.