2001-5 FRANKFORD AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19125
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 21,619 sqft
Price per Sqft $370
MLS Listing ID PAPH2421106
Originating Board BRIGHT
Year Built 2024
Annual Tax Amount $14,242
Tax Year 2024
Lot Size 6,169 Sqft
Acres 0.14
Lot Dimensions 60.00 x 120.00
Property Description
"The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties in the most vibrant location in Philadelphia, Pennsylvania — FISHTOWN. Each building features an instantly recognizable address (Frankford Avenue and Girard Avenue) which insulate the properties and elevate the rentability factor for new ownership. 2301 Frankford = 6 apts + commercial. 2001 Frankford = 8 apts + 2x commercial. 240 E Girard = 9 apts + 2x commercial. Currently in lease-up, these assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is known for its world-class culinary environment, in addition to its thriving retail, commercial and residential landscape swelling with positive demand. 28 total units are included within The Portfolio. 7.32% pro forma cap rate. 10 year tax abatement. Enquire within for financials. Photos coming soon.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Central
Exterior
Waterfront N
Water Access N
View City
Roof Type Fiberglass
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881068753
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard