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3506 Germantown Avenue, Philadelphia, PA 19140
$450,000
3506 Germantown Avenue, Philadelphia, PA 19140View this property at 3506 Germantown Avenue, Philadelphia, PA 19140
3506 Germantown AvenuePhiladelphiaPA19140
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Property Description
DON'T MISS OUT! A staple in the community, Anna's Place has been serving the community for over 15 years! The owners are both retiring and are now passing to torch to someone who would possibly like to continue making breakfast for the neighborhood or of course you can start with your own fresh ideas. Situated in a bustling area with high foot traffic (and just few steps from Temple University Hospital) and surrounded by both residential and commercial establishments, this breakfast restaurant enjoys unparalleled visibility and accessibility. This property is being sold AS-IS. Seize this golden opportunity to own a beloved breakfast restaurant in a prime location. Act fast, as opportunities like this are highly sought-after. Highlights: 🔸 Established Reputation: A staple in the community, known for delicious breakfast platters. 🔸 Strategic Location: In the heart of a thriving business district and just footsteps from Temple University Hospital 🔸 Growth Potential: Opportunity to re-offer sit down dining which was extremely busy on weekends Top two floors: 2nd floor has been renovated as a 1-bedroom apartment. 3rd floor needs to be completely rehabbed. ***Showings must be between 7am - 5pm
Full Property Details
Full Property Details for 3506 Germantown Ave
General
- Price: $450,000
- Taxes: $1,458 (2023)
- Status: Active
- Type: Business
- MLS ID: PAPH2307862
- Updated: 5/18/2024
- Added to Site: 158 day(s) ago
Business
- Business Type: Restaurant/Bar, Apartment Building
Parking
- Parking Type: On Street
Location
- Area: 19140 (19140)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: located near the corner of Germantown Ave and Tioga Streets
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,554
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 78.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $300
- Assessment Year: 2023
- School Tax: $800
- City/TownTax: $658
- City/TownTax Freq: Annually
- Tax w/Assessment: $104,200
- Tax Amount: $1,458
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: All personal items and all tools
- Inclusions: All restaurant equipment (walk in-refrigerator, cooking stove, all small refrigerators) are negotiable.
- Lot Number: 110
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Schools
Schools serving 3506 Germantown Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
3301 Old York Rd, Philadelphia, PA 19140 | K-8 | 0.2 mi | |
Mastery Charter School At Gratz
1798 W Hunting Park Ave, Philadelphia, PA 19140 | 7-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3506 Germantown Ave
Date
Details
Price
Change
Source
3/26/2024
Price Reduced
$450,000
-5.26%
MLS
1/02/2024
Listed
$475,000
400%
MLS
1/16/2004
Sold
$95,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3506 Germantown Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$1,680
15%
-100%
2023
$1,459
-13%
$104,200
-13%
2020
$1,680
1%
$120,000
1%
2019
$1,664
3%
$118,900
3%
2018
$1,617
-4%
$115,500
-4%
2017
$1,688
—
$120,600
—
2016
$1,688
4%
$120,600
—
2015
$1,616
—
$120,600
—
2014
$1,616
85%
$120,600
1246%
2013
$875
—
$8,960
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3506 Germantown Ave
3506 Germantown Avenue, Philadelphia, PA 19140 (MLS# PAPH2307862) is a Business property. 3506 Germantown Avenue is currently listed for $450,000 and was received on January 02, 2024. This property is listed by Cathy Le from our Old City Office.Want to learn more about 3506 Germantown Avenue? Do you have questions about finding other Business real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.