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- LoopNet Team
5701-5707 Germantown Ave
Philadelphia, PA 19144
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corner property on a busy district of Germantown Ave and Chelten
- High Foot Traffic
- Well traveled street
PROPERTY FACTS
AMENITIES
- Metro/Subway
- Signage
- Air Conditioning
ABOUT 5701-5707 GERMANTOWN AVE , PHILADELPHIA, PA 19144
Prime investment opportunity in the heart of Philadelphia's Germantown section. Property offers 4 street level retail fully leased with long term Triple-net in place. Also possibility to convert the second floor to offices or luxury apartments. Citizens Bank(Reno in progress), Restaurant, Verizon Wireless, and Boost Wireless. Cap is near 7 percent with many more possibilities. 2nd floor is currently being prepped for many possibilities for the new owner. Two Story building plus full basement with high visibility on the busy corner of Germantown Ave and W. Chelten Ave. Traffic count over 10,000 vehicles per day. Septa lines nearby plus numerous bus lines giving wide range of transportations all throughout Philadelphia. All prospective investors are to provide pre-qualification or proof of funds prior to any showings. Must come and see.
PROPERTY TAXES
| Parcel Number | 882072600 | Improvements Assessment | $506,560 |
| Land Assessment | $126,640 | Total Assessment | $633,200 |
PROPERTY TAXES
