$154.64 Per Sq Foot $8,858 est/mo Sourced by Back At You

5610-14 Germantown Ave,Philadelphia, PA 19144

Philadelphia PA, 19144

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Description

Dramatic price reduction!!! Great opportunity for investors w/amazing cap rate. 4 units fully occupied(newer long term tenants w/3% annual rent increase & NNN, high cap rate)commercial retail property w/rear parking alley(parks 3-4 cars) is in extraordinary condition located in the historic Germantown section of Philadelphia. This approximately 13,000 sq/ft, nicely face lifted facade property epitomizes the characteristics that you, as an astute investor, have always sought in your ventures. Nestled in the prime Commercial Class zoning (CMX3) within one mile of two commuter rail lines, the 2 Chestnut Hill lines, this property boasts unparalleled accessibility for tenants and customers alike. Additionally, this high income generating jewel is situated in the bustling Germantown Ave & Chelten Ave commercial corridor, which offers a thriving business hub, and obviously your investment here can invigorate the local business landscape and attract new ventures. Unit 5610 has a full size basement for extra storage, newer flooring, electric panels, newer 2 HVAC and water heater. Unit 5614 with newer electric panels and high efficiency HVAC, unit 5612 and 5614-A have attic for maximizing storage space. Please call the listing agent 48 hours prior to all showing requests. Please do not walk in or approach business owners or employees. Must show proof of funds or lender pre-qualification letter prior to all showing appointments.

Details

MLS#PAPH2299538
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site230
Listing Provided ByRE/MAX Services | Brian Kang
Buying Commision3% Of Gr

Features

SQ Feet10,670
ZoningCMX3
Acreage0.30

Market Activity 19144

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Listings Checked: 2 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19144
Area19144
School DistrictThe School District Of Philadelp
Listing VS Median (in 19144)
Price:
$1,650,000
low | high
Med:
$109,000
100% of Average
SqFt:
10,670
low | high
Med:
1,703
100% of Average
$ / SqFt:
$155
low | high
Med:
$64
100% of Average
On Site:
230
low | high
Med:
870.000000
26.436781609195% of Average
Sourced by Back At You
Listing Updated: June 1, 2024 at 2:19:04 AM PDT