Philadelphia, PA 19122 1201 N 3Rd Street

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Presented By: Mallin Panchelli Nadel Realty Inc
  • MLS# PAPH2516168
  • 07/14/2025
  • Request Tour
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  • SQFT • 3,885

Home Details

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.
Presented By: Mallin Panchelli Nadel Realty Inc

Interior Features for 1201 N 3Rd Street

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 1201 N 3Rd Street

AccessibilityNone
Business TypeOther/General Retail
CityPHILADELPHIA
Construction MaterialsBrick
Cool FuelOther
CoolingOther
CountyPHILADELPHIA
DirectionsLocated on the corner of N 3rd St & W Girard Ave.
HeatingOther
Location TypeUrban
Lot Size Square Feet1295.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-07-14T12:53:47
MunicipalityPHILADELPHIA
Net Operating Income74508.00
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG315.32
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNORTHERN LIBERTIES
Tax Annual Amount6135.0
Tax Assessed Value944700.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1918
Year Built SourceEstimated
ZoningCMX-2

Exterior for 1201 N 3Rd Street

Building Area Total3885.00
Lot Dimensions17X78
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Road Frontage Length17
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,225,000
MLS#PAPH2516168
List Date 07/14/2025
Property Type Commercial
Phone 703.929.4729
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