6701-6717 Germantown Ave
Philadelphia, PA 19119
Phoebe Commons · Office Property For Sale

The ground floor of this two-story, 18,130 SF building, constructed in 2002, is occupied by three stable tenants which enjoy rare off-street parking. The bank, post office, and eatery will provide convenience amenity for a prospective 9,065 SF office user. Alternatively, the building could be considered for potential conversion to multifamily apartments. The majority of the second floor is currently occupied by the current owner, which will consider entering a lease to provide cash flow while a replacement tenant is identified or approvals are pursued for a change of use. There are two adjacent residential properties, one land and one a duplex, which provide additional rental income and land area to this investment.