5610 Germantown Avenue Philadelphia, PA $ 1,650,000
5610 Germantown Avenue
$ 1,650,000
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5610 Germantown Avenue

Philadelphia, PA, 19144
$ 1,650,000
Baths0.0 Sq 10,670

Monthly Estimate*

$ 10,966

5610 Germantown Avenue, Philadelphia, PA 19144 - Image 1
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 2
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 3
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 4
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 5
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 6
5610 Germantown Avenue, Philadelphia, PA 19144 - Image 7
Studio

Commercial Property for sale in Philadelphia, PA

for $1,650,000. This 10,670 square foot building was built in 1960 on a lot size of 0.3.

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.

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,339

Style

Professional,/General Retail,Medical,Hair Salon an

Lot Size

0.3

Year Built

1960

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2299538

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Zoning CMX3
Construction Materials Masonry
Year Built 1960
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Professional Other/General Retail Medical Hair Salon and Spa Banquet Facility/Lodge Day Care Facility Flex
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Possible Use Spa Senior Assisted/Day Care Retail Professional Service Office Mixed Use Medical/Dental Flex Space Financial Day Care Clothing Barber/Beauty
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 4
MLS Area 19144 (19144)
Lot Size Square Feet 13002.00
Waterfront Y/N N
Street Name GERMANTOWN
Tax Annual Amount 7339.0
Property Condition Very Good
Price Per Sq Ft Total 154.64
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 174
Standard Status Active
Year Built Source Assessor
Tax Lot 262
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Other
Water View Y/N N
Building Area Total 10670.00
Lot Dimensions 90.00 x 144.00
Lot Size Acres 0.30
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 104869.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5610
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* Excluded Features
List By
Re/Max Services

Broker

briankang1027@hotmail.com

Email

Affordability Calculator

$11,578
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$612
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
4/11/2024$1,650,000 -17.50% Price Down
11/27/2023$2,000,000 Listed Price

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5610 Germantown Avenue, Philadelphia, PA, 19144 is a Commercial Property for sale at $1,650,000 with 10,670 sqft and a lot size of 0.3. 5610 Germantown Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 19144 which is in Philadelphia, PA