Address
5701 Germantown Avenue Philadelphia, PA
Price
$ 2,390,000
Property Attributes
  • MLS#PAPH983542
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19144
  • Zip19144
  • StyleBig Box Retail,Banquet Facility/Lodge,Health Club
  • Year Built1900
  • Taxes8306
  • Price$ 2,390,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12790
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RE/MAX Legacy
Data Source:
Bright MLS
Property Description

Corner lot Commercial space located on a well known busy Germantown & Chelten Commercial Corridor. First floors completely remodeled with 4 commercial Triple Net tenants placed with long term lease. Citizens Bank, Restaurant, Convenient Store and Boost Wireless. Cap rate is near 7 percent with many more potential utilizing 2nd floor as additional source of income. Must come and see. 2nd floor is currently vacant but it boasts many opportunities like converting to apartments. Septa lines nearby plus numerous bus lines giving wide range of transportations all throughout Philadelphia. All prospective investors are to provide pre-qualification or proof of funds prior to any showings. With Citizen Bank as its anchor, this property has great potential for growth.

Price History
1/29/2021 Listed $2,390,000

General Features

Acceptable Financing Cash, Conventional
Accessibility 2+ Access Exits
Business Type Big Box Retail, Banquet Facility/Lodge, Health Club, Other/General Retail, Professional, Restaurant/Bar
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 73
Heating 90% Forced Air
MLS Area 19144 (19144)
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 184.96
Property SubType Retail
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 8306.0
Tax Year 2019
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 12922.00
Fencing Y/n No
Lot Dimensions 73.00 x 98.00
Lot Size Acres 0.15
Lot Size Source Assessor
Lot Size Square Feet 6598.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19144

Price
AVG $690K
$2.39M
Taxes
AVG $5,802
$8,306
Visits
AVG 54
5
Year Built
AVG 1942
1900
Walkscore
AVG 83
92
Data Provided by Walkscore ® not using MLS data

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