USAPAPhiladelphiaFishtown1201 N 3Rd St
1201 N 3 Rd St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$1,225,000

1201 N 3 Rd St, Philadelphia, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,135
Days Active 0
Approx. Age 1918
MLS® Number PAPH2516168

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

1201 N 3rd St is a mixed-use property on the corner of 3rd and Girard, home to The UPS Store and two residential units. This highly-visible corner is a signalized intersection and offers tremendous exposure to the ground floor retail tenant and abundant light to the units above. The mixed-use triplex features 78’ frontage along Girard Avenue and 18’ on 3rd Street. Girard Avenue is one of the main commercial corridors in Northern Liberties and counts 15, 000 vehicles per day. The building had a full gut rehab in 2017 and received a ten year tax abatement that expires at the end of 2028. The UPS Store leases 1, 000 SF on the ground floor plus 900 SF of basement space. This is a franchisee signed lease and is in Year 7 of their 10-year base term with (2) five-year renewal options. UPS has executed their first renewal option. UPS is responsible for 52% of insurance and taxes, as well as 52% of the other usual triple-net charges (utilities, snow removal, maintenance, water/sewer, trash tax, etc.). The storefront features floor-to-ceiling glass windows with high-energy efficiency glass, with a very low solar heat gain co-efficiency rating. On the upper floors are (2) two-bedroom/one-bath units with an open kitchen and living space. Each unit has its own washer and dryer, stainless steel appliances, granite countertops, white subway tile backsplash and double vanities in the bathroom. This building offers an excellent opportunity to own a stabilized asset in a growing neighborhood.Show Description
MLS® NumberPAPH2516168
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1918
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther, Other Fuel
A/COther, Other Fuel
Heating Fuel

Extras

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