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5522 Germantown Ave Philadelphia, PA 19144

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For Sale
$320,000

Restaurant property with long-term tenant and income potential.

Lot size:
0.05 Acres

Property Features for 5522 Germantown Ave

General Information

Standard status
Active
Lot size
0.05 Acres

Building Details

Year built
1920

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Listing Contact
Peter Han
Source: Exitrealty

Listing Agency: PK PROPERTY INC. Listing Agent: Peter Han

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Germantown Avenue Restaurant Investment Opportunity

Located on Germantown Avenue, this property is currently operating as a Caribbean restaurant. The tenant has been in place for several years and has 8 years remaining on the lease. The current monthly rent is $1,500.00. The tenant is responsible for all utilities, property tax, property insurance, and business insurance. The property has been renovated. A public parking lot is located nearby.
Location Intelligence

Current Use by Public Records

Grill 'N' Dutchy Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.1736848
Latitude
40.034571

FAQs

What type of property is this?
Conventional restaurant - Restaurant property with long-term tenant and income potential.
Where is this conventional restaurant located?
The property is located at 5522 Germantown Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: - Existing tenant with 8 years remaining on lease provides immediate and stable rental income.; - Tenant covers all utilities, property tax, and both property and business insurance, minimizing owner expenses.; - Current monthly rent is $1,500.00, offering immediate cash flow.
More about this property
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