Germantown Avenue Mixed-Use
5519 GERMANTOWN Avenue, Philadelphia, PA 19144
MULTI_FAMILY - Colonial - PHILADELPHIA, PA
Property size:
4,278 SFLot size:
0.11 AcresPrice / SF:
$150/SF- Added:
- Jan 9, 2026
- Days on Market:
- 138
- Last Refresh:
- May 27 at 4:06 am
Property Features for 5519 GERMANTOWN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 4,278 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5956
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Colonial
Listing agent Andres Nicolini License #RS337965 (484) 483-3114
Listing office OCF Realty LLC - Philadelphia 1936 Washington Avenue, Philadelphia, PA (215) 735-7368
Listing date Jan 9, 2026
MLS# PAPH2563446
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on Germantown Avenue in a revitalized historic district with high visibility and foot traffic.
- CMX‑2.5 zoning allows for versatile mixed‑use development, including commercial, residential, and live‑work setups.
- 5‑car parking lot, a rare and valuable amenity in this area, plus abundant street parking.
- Expansive floor plan with flexible layout, high ceilings, abundant natural light, and finished lower level & third floor.
- Excellent transit accessibility with SEPTA, Regional Rail, and easy access to I‑76, Lincoln and Kelly Drive.
- Walkable to Chelten Avenue Station, trendy businesses, cultural sites, and educational institutions.
Overview
Located on Germantown Avenue in Philadelphia, this property offers a prime opportunity in the historic Germantown neighborhood. Zoned CMX-2.5, the property supports a wide array of uses, including rentals, professional offices, retail, residential, or additional office suites. The flexible layout spans two levels, featuring high ceilings and natural light. A finished lower level and third floor provide space for storage, shared common areas, or living space. The current configuration includes flexible room nooks and a reception area, suitable for partitioning to accommodate modern needs, and is currently set up for 10-12 rooms plus open common collaborative spaces. The property benefits from wide frontage on Germantown Avenue, ensuring high visibility and foot traffic near cafes, shops, and community hubs. Outdoor parking is available for up to five vehicles, in addition to street parking. The property is currently rented to a long-term tenant (dental office). The location is steps from Chelten Avenue Station (SEPTA), businesses, and cultural sites like the Cliveden Estate, near Germantown Friends School and Wissahickon Charter, and other educational institutions such as Drexel University College of Medicine, Thomas Jefferson University - East Falls Campus (Philadelphia University), LaSalle University. The property is situated in a walkable Germantown hub with transit and accessibility, offering a quick commute to Center City, bike lanes, and bus routes.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$625.5K
NOI $56,296 @ 9.00% cap · cautious / downside scenario
Moderate
$804.2K
NOI $56,296 @ 7.00% cap · market / base-case scenario
Aggressive
$1.13M
NOI $56,296 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.9k | $21.96 |
| − Vacancy | −$18.9k | −$4.41 |
| EGI | $75.1k | $17.55 |
| − OpEx | −$18.8k | −$4.39 |
| NOI | $56.3k | $13.16 |
4,278 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$804.2K
$703.7K – $938.3K
NOI $56,296 @ 7.0% cap · market cap 8.73%
Second Best
Mixed Use
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 7.88%
Theoretical Best
Multifamily LT 5
$1.04M
$912.6K – $1.22M
NOI $73,004 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.17285
- Latitude
- 40.03462
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Versatile mixed-use property in historic Germantown with parking.
Where is this mixed-use property located?
The property is located at 5519 GERMANTOWN Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Prime location on Germantown Avenue in a revitalized historic district with high visibility and foot traffic.; CMX‑2.5 zoning allows for versatile mixed‑use development, including commercial, residential, and live‑work setups.; **5‑car parking lot**, a rare and valuable amenity in this area, plus abundant street parking.
