2700 Girard Ave, Unit 2 Philadelphia, PA 19130-1213
Property profile & analytics
2700 Girard Ave, Unit 2 Philadelphia, PA 19130-1213
- Retail space
- 8,000 SF
- 0.09 lot acres
Property ID
US73-1018225
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.
Location Intelligence
Current Use by Public Records
- Sensual City: Sensual Bachata Philadelphia / Theater & Performing Art Venue / Training Center
- Fulton Bank / Bank / Loan Service
- Seduction Dance Studio / Training Center
Property Details for 2700 Girard Ave
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.09 lot acres
- Property size
- 8,000 SF
- Zone code
- CMX2.5
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 88-2-9359-25
- APU
- 882935925
Description
This exceptional investment opportunity presents a fee-simple ownership of a two-tenant retail property located at 2700 W Girard Ave, Philadelphia, PA 19130. The 8,000 square foot building, constructed in 1900 and extensively renovated in 2018, boasts a 7.50% cap rate and a strong NOI of $153,610. The property features a prominent Fulton Bank as its anchor tenant, a publicly traded company with an investment-grade credit rating, occupying the ground floor. A second tenant, a dance studio, occupies the second floor. Both tenants have multi-year leases in place, ensuring a stable income stream. The property sits on a 0.09-acre lot and is situated on a signalized hard corner with excellent visibility and accessibility, benefiting from high vehicular and pedestrian traffic. The Brewerytown neighborhood is experiencing significant growth, with new residential and commercial developments underway, further enhancing the property's value. The location offers easy access to public transportation and is surrounded by a dense and affluent population, with average household incomes exceeding $107,000 within a three-mile radius. This fully occupied, two-story building presents a compelling investment opportunity with limited exposure to future deferred maintenance due to recent renovations. The asking price is $2,048,139.73, representing a price per square foot of $256.02. The property's strong tenant base, prime location, and recent renovations make it an attractive addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1807
- Latitude
- 39.974
- 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
$7,742
$110,628
$442,472
$553,100
-
$110,628
$442,472
$553,100
