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5701-5707 Germantown Ave
Philadelphia, PA 19144

Retail Property For Sale

Investment Highlights

  • Corner property on a busy district of Germantown Ave and Chelten
  • High Foot Traffic
  • Well traveled street

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
12,960 SF
Building Class
C
Year Built/Renovated
1957/1990
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.86
Lot Size
0.16 AC
Zoning
C2, Philadelphia
Frontage
310 FT on Chelten Ave

Amenities

  • Metro/Subway
  • Signage
  • Air Conditioning

About 5701-5707 Germantown Ave , Philadelphia, PA 19144

Prime investment opportunity in the heart of Philadelphia's Germantown section. Property offers 4 street level retail fully leased with long term Triple-net in place. Also possibility to convert the second floor to offices or luxury apartments. Citizens Bank(Reno in progress), Restaurant, Verizon Wireless, and Boost Wireless. Cap is near 7 percent with many more possibilities. 2nd floor is currently being prepped for many possibilities for the new owner. Two Story building plus full basement with high visibility on the busy corner of Germantown Ave and W. Chelten Ave. Traffic count over 10,000 vehicles per day. 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. Must come and see.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882072600
Land Assessment
$126,640
Improvements Assessment
$506,560
Total Assessment
$633,200
  • Listing ID: 15577776

  • Date on Market: 3/29/2019

  • Last Updated:

  • Address: 5701-5707 Germantown Ave, Philadelphia, PA 19144

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