154-56 W Chelten Ave
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154-56 W Chelten Ave
4,448 SF Retail Building Philadelphia, PA 19144 $650,000 ($146/SF)
INVESTMENT HIGHLIGHTS
- 154-56 W Chelten Ave, is a retail/redevelopment.
- Germantown, located in northwest Philadelphia.
- The community thrives on strong bonds fostered by local organizations and institutions like Germantown Friends School.
- The drive way for parking access between this property and the PNC Bank gives it corner-like light and exposure.
- Is a historically significant neighborhood known for its preserved architecture and diverse cultural heritage.
- With a mix of retail, dining, and green spaces, Germantown offers a vibrant urban experience rooted in its rich history and sense of community.
EXECUTIVE SUMMARY
On behalf of Ownership, MPN Realty is proud to present the exclusive right to sell 154-56 W Chelten Ave, a retail/redevelopment
opportunity located in the Germantown neighborhood of Philadelphia. This 6,723 +/- sqft parcel includes a 4,448 +/- sqft single-story
building and a 2,275 +/- sqft parking lot. The drive way for parking access between this property and the PNC Bank gives it corner-like
light and exposure. The building is clear span with no columns interrupting the retail floor space. Property is currently owner-occupied,
and will be delivered vacant. This is located in a Qualified Opportunity Zone (QOZ). Zoned CMX-2.5, this single-story building by right
can be built above to 55 ft.
opportunity located in the Germantown neighborhood of Philadelphia. This 6,723 +/- sqft parcel includes a 4,448 +/- sqft single-story
building and a 2,275 +/- sqft parking lot. The drive way for parking access between this property and the PNC Bank gives it corner-like
light and exposure. The building is clear span with no columns interrupting the retail floor space. Property is currently owner-occupied,
and will be delivered vacant. This is located in a Qualified Opportunity Zone (QOZ). Zoned CMX-2.5, this single-story building by right
can be built above to 55 ft.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,448 SF
Building Class
C
Year Built
1960
Price
$650,000
Price Per SF
$146
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CMX25 - primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors
Parking
10 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
36 FT on W. Chelten Avenue
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 882963360 | Improvements Assessment | $1,200,000 |
| Land Assessment | $300,000 | Total Assessment | $1,500,000 |
PROPERTY TAXES
Parcel Number
882963360
Land Assessment
$300,000
Improvements Assessment
$1,200,000
Total Assessment
$1,500,000
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154-56 W Chelten Ave
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