Description for
5701 Germantown AvenuePhiladelphia, PA 19144
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.
Price
$2,390,000
GERMANTOWN
PHILADELPHIA
12,790 (approx)
PAPH2298514
Active
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.15 Acres
12,790 (approx)
1900
GERMANTOWN
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat,Forced Air
Exterior / Lot Features
On Street
73.00 x 98.00
Driving Directions
Corner lot between Germantown Ave and Chelten Ave
Financial Considerations
882072600
$8,368
Listing Price History
Philadelphia Real Estate
Philadelphia is located in Pennsylvania.
Philadelphia, Pennsylvania 19144 has a population of 1,615,184.
The median household income in Philadelphia, Pennsylvania 19144 is
$40,180.
The median household income for the surrounding county is $50,724
compared to the national median of $66,222.
The median age of people living in Philadelphia 19144 is 37 years.
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Courtesy: RE/MAX Legacy
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/1/2024 12:48 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
