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- LoopNet Team
8th And Girard
Philadelphia, PA 19123
Land For Sale
·
1.84 AC
Investment Highlights
- 80,178 SF development opportunity
- Situated at 2 signalized corners and 3 street frontages
- Located in a Qualified Opportunity Zone
- Zoned CMX-2
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 1.84 AC |
| Zoning | CMX-2 - CMX-2 districts are primarily intended to accommodate neighborhood-serving retail and service uses | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.84 AC |
| Zoning | CMX-2 - CMX-2 districts are primarily intended to accommodate neighborhood-serving retail and service uses |
Description
The 8th & Girard Assemblage is a collection of 5 contiguous properties totaling 80,178 SF of ground. The combined parcels contain three street frontages of 230’ on Girard Avenue, 369’ on N. 8th Street, 367’ on N. Franklin Street, and 228’ across at the back parcel which is adjacent to a city owned baseball field. The 8th & Girard Assemblage has been owned by the same family for nearly 120 years. The building currently on the site should be demolished to allow for a new mixed-use, ground-up development project to be built. Most recently the property has been used as a rental truck repair building , with the two largest parcels being used as rental truck parking lots. At the southwest corner of N. 8th Street * W. Girard Avenue, there is a gas station. It closed when the owner retired in early 2020. The pumps are still licensed and active. A letter from Aquaterra Environmental which summarizes the environmental condition of the parcels is enclosed. The properties are located in a Qualified Opportunity Zone (QOZ). Development is moving quickly within the local area. Recently there have been more than 25 permits submitted in this immediate neighborhood to the city for development projects consisting of between 10 and 368 multi-family, retail, and commercial spaces.
