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5701 Germantown Avenue, Philadelphia, PA 19144
$2,390,000
5701 Germantown Avenue, Philadelphia, PA 19144View this property at 5701 Germantown Avenue, Philadelphia, PA 19144
5701 Germantown AvenuePhiladelphiaPA19144
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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.
Full Property Details
Full Property Details for 5701 Germantown Ave
General
- Price: $2,390,000
- Taxes: $8,368 (2021)
- Status: Active
- Type: Warehouse
- MLS ID: PAPH2298514
- Updated: 3/30/2024
- Added to Site: 192 day(s) ago
Business
- Business Type: Restaurant/Bar, Convenience Store/Gas, Institutional
Parking
- Parking Type: On Street
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Germantown
- Subdivision: Germantown
- Cross Streets: Chelten Ave
- Driving Directions: Corner lot between Germantown Ave and Chelten Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,598
- Lot Size Source: Estimated
- Lot Dimensions: 73.00 x 98.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $186.86
- Assessment Year: 2021
- School Tax: $4,592
- City/TownTax: $3,776
- City/TownTax Freq: Annually
- Tax w/Assessment: $597,800
- Tax Amount: $8,368
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Investment: Yes
Listed by RE/MAX Legacy, Sung H Hong
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Schools
Schools serving 5701 Germantown Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
Theodore Roosevelt Elementary School
430 E Washington Ln, Philadelphia, PA 19144 | K-8 | 0.8 mi | |
6100 Stenton Ave, Philadelphia, PA 19138 | 9-12 | 1.6 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 5701 Germantown Ave
Date
Details
Price
Change
Source
1/15/2024
Price Reduced
$2,390,000
-4.02%
MLS
11/16/2023
Listed
$2,490,000
—
MLS
Disclaimer: Historical sales 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 5701 Germantown Ave
5701 Germantown Avenue, Philadelphia, PA 19144 (MLS# PAPH2298514) is a Warehouse property. 5701 Germantown Avenue is currently listed for $2,390,000 and was received on November 16, 2023. Want to learn more about 5701 Germantown Avenue? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.