211-15 W Girard Ave Philadelphia, PA 19123

000 sq ft

ASKING PRICING: $525,000

Property Details

Positioned on a prime stretch of Girard Avenue, this fully entitled, shovel-ready mixed-use development offers investors a rare opportunity to begin construction immediately with minimal pre-development risk. With strong frontage, high visibility, and completed approvals, this project is optimized for both cash flow and long-term appreciation.

Why This Deal Stands Out

  • All approvals secured – zoning issued, building permit ready, lot survey and consolidation complete
  • Plans fully completed – architectural, engineering, MEP, and utilities
  • Construction-ready – start immediately, reducing holding costs
  • 37 ft frontage – exceptional retail exposure
  • Street-to-street lot – enhanced design flexibility and access
  • Existing structural elements (steel beams, basement, framing) reduce build costs
  • Utility plan approved – allows reuse of existing domestic water and sewer lines, reducing infrastructure costs and accelerating timeline

Development Program

Mixed-Use Asset | 3 Stories + Roof Deck

  • Ground Floor (Commercial):
  • ~650 SF retail space
  • Ideal for cafĂ©, boutique, or service tenant
  • Strong visibility and foot traffic
  • Residential Units (2):
  • Unit 1 (2nd Floor): ~800 SF | 2 Bed / 1 Bath
  • Unit 2 (3rd Floor): ~900 SF | 2 Bed / 1 Bath
  • Includes mezzanine + private rooftop deck with skyline views

Revenue Potential

  • Commercial Space: Premium rents driven by Girard Ave exposure (37″ of frontage)
  • Residential Units: Strong demand for 2-bedroom units in this submarket
  • Value-Add: Rooftop deck + modern layouts command higher rents

Cost & Risk Advantages

  • Reduced construction costs via existing foundation, basement, and steel structure
  • Additional savings from approved reuse of existing water and sewer connections
  • Streamlined timeline due to permit-ready status
  • Lower entitlement risk (all major approvals secured)
  • Simplified build compared to ground-up developments

Exit Strategies

  • Hold for Cash Flow: Stabilized mixed-use asset with diversified income
  • Refinance: Post-construction valuation uplift
  • Sell: Strong demand for turnkey mixed-use assets in this corridor

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