Listed By:
RE/MAX Legacy
Address
5701 Germantown Avenue, Philadelphia, PA
Price
$ 2,390,000
Property Attributes
  • MLS#PAPH2298514
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19144
  • NeighborhoodGermantown
  • Zip19144
  • StyleRestaurant/Bar,/General Retail,Convenience Store/G
  • Year Built1900
  • Taxes$ 8368
  • Price$ 2,390,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12790
  • Lot Size6,534 SqFt
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. 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 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,Other/General Retail,Convenience Store/Gas,Institutional,Professional
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
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 107
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
AVG $580K
$2.39M
Taxes
AVG $4,376
$8,368
Visits
AVG 131
193
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1900

Areas We Cover