shovel-ready mixed-use development

Philadelphia, PA View Address $525,000 Share Save  
Sale
18 Days on Site | 40 Views
NA
#OM-37144

Description

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 café, 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 valua
More...

Home Type

Retail
Sale

Home Facts

2
1
Sale

Mortgage Calculator

$

10%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

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