Active
5610-14 Germantown Ave
Philadelphia PA, 19144
$2,000,000
$187.44 per sqft
Active
10,670 sqft
Commercial
Built in 1960
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.
PAPH2299538
MLSⓇ ID
November 27, 2023
Listed
February 21, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.3 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$7,339
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
On Street
Parking Total
4
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by RE/MAX Services
Listing Contact: 2674767117
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Data last updated on 2/21/2025 at 12:36 AM UTC