5701-07 GERMANTOWN AVE Active

Philadelphia,PA 19144

$ 2390000

- Bed

- Bath

12790 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,790 sqft

Price per Sqft $186

Subdivision Germantown

MLS Listing ID PAPH2298514

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $8,368

Tax Year 2021

Lot Size 6,598 Sqft

Acres 0.15

Lot Dimensions 73.00 x 98.00

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.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning CMX2

Interior

Hot Water Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882072600

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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