Kellie Mitchell - Coldwell Banker Hearthside
251 E Girard Ave
PHILADELPHIA, PA 19125

$2,575,000

Description

Outstanding investment opportunity in the heart of Fishtown. Prime location at E. Girard and Marlborough. Completely renovated commercial and residential space as well as a row home. E. Girard/1200-20 Marlborough: commercial space on first level with 42' of commercial corridor frontage. Six rental units on 2nd and 3rd floors. All currently rented at 1100-1995/month. Commercial space can be built out to suit business. Located directly across from Ekta and just 2 blocks east of Frankford Ave. corridor. The building has been totally renovated within the last two years both inside and out combining 251 E. Girard with 1200-20 Marlborough to create one parcel. Tax abatement approved and retroactive to 2016 and goes through 2026. The commercial space approximately (2100 sq. ft.)has been completely renovated over the last year and has all mechanicals in place. The apartments are one and two bedroom, tile and hardwood floors, lots of light with laundry located in the common area that is the stair well. This is a highly desirable location for both commercial and residential development. 1204 Marlborough: second building in package is row home with separate tax ID, 1006 square feet with back patio area. Pro Forma provided upon request.

Details

MLS#1001985544
StyleIndustrial
Sub-TypeResale
StatusActive
Year1919
Days On Site43

Features

SQ Feet7,701
Story(s)0
ZoningCMX2

Market Activity 19125

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19125
Area19125 (19125)
Listing VS Median (in 19125)
Price:
$2,575,000
low | high
Med:
$302,500
100% of Average
SqFt:
7,701
low | high
Med:
0
100% of Average
$ / SqFt:
$334
low | high
Med:
$0
100% of Average
On Site:
43
low | high
Med:
58
74.137931034483% of Average
Listing Updated: 08/17/2018
MLS Number: 1001985544
Listing Provided By:
Brooke L Willmes  of  SPACE COMPANY

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