5701 Germantown Avenue Philadelphia, PA $ 2,390,000
5701 Germantown Avenue
$ 2,390,000
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5701 Germantown Avenue

Philadelphia, PA, 19144
$ 2,390,000
Baths0.0 Sq 12,790

Monthly Estimate*

$ 15,885

5701 Germantown Avenue, Philadelphia, PA 19144 - Image 1
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5701 Germantown Avenue, Philadelphia, PA 19144 - Image 4
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5701 Germantown Avenue, Philadelphia, PA 19144 - Image 8
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5701 Germantown Avenue, Philadelphia, PA 19144 - Image 10
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5701 Germantown Avenue, Philadelphia, PA 19144 - Image 13
5701 Germantown Avenue, Philadelphia, PA 19144 - Image 14
Studio

Commercial Property for sale in Philadelphia, PA

for $2,390,000. This 12,790 square foot building was built in 1900 on a lot size of 0.15.

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.

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Commercial Active

Price

$ 2,390,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,368

Style

Restaurant/Bar,Convenience Store/Gas,Institutional

Lot Size

0.15

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2298514

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Number of Elevators 0
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General
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
Municipality PHILADELPHIA
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 N
Property Type Commercial Sale
Subdivision Name GERMANTOWN
Possible Use Mixed Use Office Apartments
Water Access Y/N N
Status ACTIVE
Directions Corner lot between Germantown Ave and Chelten Ave
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 0
MLS Area 19144 (19144)
Lot Size Square Feet 6598.00
Waterfront Y/N N
Street Name GERMANTOWN
Tax Annual Amount 8368.0
Price Per Sq Ft 186.86
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 167
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 5701
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* Excluded Features
List By
Re/Max Legacy

Broker

samhong2004@gmail.com

Email

Affordability Calculator

$16,582
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,885
Monthly Property Taxes
$697
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2024$2,390,000 -4.02% Price Down
11/17/2023$2,490,000 Listed Price

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5701 Germantown Avenue, Philadelphia, PA, 19144 is a Commercial Property for sale at $2,390,000 with 12,790 sqft and a lot size of 0.15. 5701 Germantown Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 19144 which is in Philadelphia, PA