250 W Girard Avenue, Philadelphia, PA 19123 - Photo 1

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$1,525,000

Sold
Closed
Retail

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Property Description

Multi-Family Development Opportunity on corner property. 250 West Girard Avenue is located in the Northern Liberties Section of Philadelphia, one of the hottest areas in the City. The property has 38' of frontage on W. Girard Avenue and 106' of frontage on North 3rd Street. The Property is an improved shell condition - the perfect canvas for any builder/developer to complete. Completed Major CapX improvements include new Anderson windows, new roof, masonry/brick façade, stainless steel appointments to façade. This corner property already has zoning approval for the construction of 7 residential units and 1 retail/commercial unit. Building plans call for the construction of a third story with exterior decks (plans available upon request). Current zoning is CMX-2 which permits numerous other commercial and retail uses. Each floor consists of 4,187 square feet of space. The first and second floors have been cleared of all partitions and is currently in an open shell condition. 12' ceilings make both first and second floors incredibly open and airy. Basement open space with high ceilings, primed for occupancy. This property sits in one of the hottest development areas in the City with thousands of rental units being built in the immediate vicinity. This property would make a valuable addition to any investor, builder or retail/commercial user.

Full Property Details

Full Property Details for 250 W Girard Ave

General

Sold For: $1,525,000
Taxes: $7,138 (2023)
Status: Closed
Type: Retail
Source: BrightMLSPhilly
MLS ID: PAPH2300276
Added to Site: 783 day(s) ago

Business

Business Type: Apartment Building, Other, Other/General Retail

Interior

Flooring: Rough-In

Parking

Parking Type: On Street

Location

Area: 19123 (19123)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Northern Liberties
Subdivision: Northern Liberties
Cross Streets: N. 3rd Street
Driving Directions: Corner of Girard Avenue and North 3rd Street
Location Details: Business District

School Information

Elementary School: James R. Ludlow School
Middle School: James R. Ludlow School
High School: Kensington

Heating & Cooling

Cooling Type: None
Heating Type: None
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Foundation: Stone
Roof: Rubber
Entry Floor Number: 1
Stories/Levels: 3
Year Built: 1925
Year Built Source: Assessor

Unit Information

# Tenants: Multiple

Lot Features

Property View: Street
Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,014
Lot Size Source: Assessor
Lot Dimensions: 38.00 x 106.00
Frontage Feet: 140
Street/Road Desc.: Paved
Lot Features: Corner
Zoning: CMX2
Lot Description: Corner

Financial Considerations

Price Per Sq. Ft.: $158.84
Assessment Year: 2023
School Tax: $3,917
City/TownTax: $3,221
City/TownTax Freq: Annually
Tax w/Assessment: $510,000
Tax Amount: $7,138
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Permits: Application Pending
Investment: Yes
Lot Number: 206

Listed by eXp Commercial, Ronald C Isgate
Sold by Non Subscribing Office, NON MEMBER

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Listing agent

— 250 W Girard Ave —

Ronald C Isgate

eXp Commercial

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Schools

Schools serving 250 W Girard Ave

School District:Philadelphia City School District

Name	Grades	Distance
Ludlow James R School 550 Master Street, Philadelphia, PA 19122	K-8	0.3 mi
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 250 W Girard Ave

Date

Details

Price

Change

Source

6/20/2024

Sold

$1,525,000

-23.56%

MLS

11/27/2023

Listed

$1,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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250 W Girard Avenue, Philadelphia, PA 19123 (MLS# PAPH2300276) is a Retail property that was sold at $1,525,000 on June 20, 2024. Want to learn more about 250 W Girard Avenue? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

250 W Girard Ave Philadelphia, PA 19123