PA > Philadelphia
Philadelphia, PA 19125,2001-5 FRANKFORD AVE
Philadelphia, PA 19125,2001-5 FRANKFORD AVE
Philadelphia, PA 19125,2001-5 FRANKFORD AVE
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Listed by Ryan J McManus • Keller Williams Liberty Place
$7,000,000
Est. payment /mo
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6,169 SqFt
Active

2001-5 FRANKFORD AVE Philadelphia, PA 19125

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,169 sqft

Price per Sqft $1,134

MLS Listing ID PAPH2421106

Year Built 2024

Available Date 2024-11-25

Annual Tax Amount $14,242

Tax Year 2025

Lot Size 6,169 Sqft

Acres 0.14

Lot Dimensions 60.00 x 120.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

"The Fishtown Portfolio" presents a rare investment opportunity to acquire three (3) best-in-class boutique mixed-used properties at a substantial discount to replacement cost 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 — fully stabilized. 2001 Frankford = 8 apts + 2x commercial. Vacant ground floor commercial (to be built out once tenant is procured) — apartments are in punchlist phase (vacant). 240 E Girard = 9 apts + 2x commercial. White box commercial space — apartments are fully-leased. These assets benefit from destination ground floor retail/commercial spaces with unrivaled street presence/exposure. Fishtown is nationally 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. Seize the rare opportunity to acquire trophy addresses in Philly's hottest submarket.

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

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

Bright MLS (BMLS)

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agent

Addison Wolfe Real Estate

+1(215) 862-5500

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2001-5 FRANKFORD AVE

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