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541 E Girard Ave 3,285 SF Retail Building Philadelphia, PA 19125 $1,550,000 ($471.84/SF)
Executive Summary
MPN Realty, Inc., is proud to present the sale of 541 East Girard Ave in the Fishtown neighborhood of Philadelphia. Situated on a 1,600 SF lot, the 3,285 SF corner mixed-use building features extensive frontage along both East Girard Avenue and East Montgomery Avenue, providing exceptional visibility and strong foot traffic for the 1,500 SF ground-floor bar space. Recently occupied by the well-known bar Kraftwork for over 20 years, the location offers a proven hospitality location. The upper floors contain two well appointed, bi-level, 2-bedroom, 2-bath residential units. This creates an ideal live-work opportunity or supplemental rental income for an owner-operator in a high-demand market with long-term growth upside.
Fishtown has become one of Philadelphia’s most dynamic and rapidly gentrifying neighborhoods, known for its concentration of top-rated bars, restaurants, and nightlife destinations. The location provides easy access to the I-95 corridor and I-676 exchange as well as to the E Girard and Palmer St light rail stop and local mass transit.
Fishtown has become one of Philadelphia’s most dynamic and rapidly gentrifying neighborhoods, known for its concentration of top-rated bars, restaurants, and nightlife destinations. The location provides easy access to the I-95 corridor and I-676 exchange as well as to the E Girard and Palmer St light rail stop and local mass transit.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,285 SF
Building Class
C
Year Built
1915
Price
$1,550,000
Price Per SF
$471.84
Tenancy
Multiple
Building Height
3 Stories
Opportunity Zone
Yes
Zoning
CMX-2
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (94)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 871600605 | Improvements Assessment | $249,600 |
| Land Assessment | $62,400 | Total Assessment | $312,000 |
Property Taxes
Parcel Number
871600605
Land Assessment
$62,400
Improvements Assessment
$249,600
Total Assessment
$312,000
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