408 E Girard Ave

Philadelphia PA 19125

2577 sq. ft.

805 sq. ft.

Duplex

Currently for sale - view listing

Overview

Situated along the vibrant Girard Avenue corridor in the heart of Fishtown, 408 E Girard Avenue presents a prime mixed-use opportunity with strong in-place income and long-term upside. The first-floor commercial space is home to Lot 49 Books, a well-established bookstore with excellent street presence and consistent foot traffic. The space is approximately 700 square feet, plus a full basement of roughly 650 square feet with high ceilings—ideal for storage or additional use. The commercial lease is in place at $1,600/month. The Rent in this unit will increase to $1,800/month on 9.1.26, with $100 annual increases and runs through August 31, 2031, offering stable, increasing income. Above, the bi-level residential unit features 2 bedrooms and 1.5 baths with a thoughtfully designed layout and quality finishes throughout. The front bedroom includes a Juliet balcony overlooking Girard Avenue, while the rear bedroom opens to a large private deck. The unit is currently leased at $2,350/month through July 31, 2026, with flexibility for a buyer to either occupy or continue leasing for additional income. Positioned in one of Philadelphia’s most sought-after neighborhoods, the property offers immediate access to Fishtown’s renowned dining and retail scene, as well as convenient connectivity to Center City, I-95, and public transportation. A versatile asset well-suited for investors seeking stable returns or owner-users looking to occupy while benefiting from supplemental income.