Address
5701 Germantown Avenue, Philadelphia, PA
Price
$ 2,390,000
Property Attributes
- MLS#PAPH2298514
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19144
- NeighborhoodGermantown
- Zip19144
- StyleRestaurant/Bar,Convenience Store/Gas,Institutional
- Year Built1900
- Taxes$ 8368
- Price$ 2,390,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12790
- Lot Size0.15 Acres
Data Source:
Bright MLS
Property Description
Commercial property located on a well known busy business corridor of Germantown & Chelten Ave. First floors are fully rented with all tenants being NNN with long-term leases with 3% annual increase. They are: Citizens Bank, RestaurantFood Market, Convenient Store and Boost Wireless. It has great exposure anchored by Citizens Bank with more growth potential on the 2nd floor for additional source of income. Second floor has separate entrance from Chelten Ave. It is ready for a new tenant. Must come and see. Access to Septa lines all around. All prospective investors are to provide pre-qualification or proof of funds prior to any showings. Please contact listing agent for financials.
| Price History | |
|---|---|
| 11/17/2023 | Listed $2,490,000 |
| 1/15/2024 | 5% - $2,390,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Central A/C |
| Possession | Negotiable |
| Zoning | CMX2 |
| Construction Materials | Masonry |
| Year Built | 1900 |
| Property SubType | Mixed Use |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar,Convenience Store/Gas,Institutional,Day Care Facility,Banquet Facility/Lodge,Hair Salon and Spa,Health Club,Professional,Religious Facility,Storage |
| Accessibility | 2+ Access Exits |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | GERMANTOWN |
| Possible Use | Mixed Use,Office,Apartments |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Corner lot between Germantown Ave and Chelten Ave |
| ModificationTimestamp | 2024-03-30T17:52:16 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| MLS Area | 19144 (19144) |
| Lot Size Square Feet | 6598.00 |
| Tax Assessed Value | 597800.0 |
| Waterfront Y/N | No |
| Street Name | GERMANTOWN |
| Tax Annual Amount | 8368.0 |
| Price Per Sq Ft | 186.86 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 167 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 12790.00 |
| Lot Dimensions | 73.00 x 98.00 |
| Lot Size Acres | 0.15 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 119560.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19144
Price
Taxes
Visits
Year Built
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