Ground-Floor Office Unit with
New
For Sale
Contact for pricing
1400 GERMANTOWN AVENUE, Philadelphia, PA 19122
A fitted office includes a kitchenette, accessible restroom, and additional lower-level meeting space.
Property Size1,700 SF
Price / SF$1.68
Days on Market4
Property Features for 1400 GERMANTOWN AVENUE
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Commercial
Zoning
CMX-2
Space & Availability
Floor
Ground Floor & Lower Level
Condition
Move-in Ready
Site & Location
Neighborhood
Olde Kensington
Corner Location
Yes
Additional Details
Property Use
Office
Amenities
kitchenette
ADA-accessible restroom
conference room
Building Details
Year Built
2019
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia T Bilynsky · License #RS311101
(215) 413-4900
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mallin Panchelli Nadel Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit offers 1,000 square feet on the ground floor and a 700-square-foot lower level. The modern storefront features broad windows, while the interior includes a move-in-ready office buildout, kitchenette, and ADA-accessible restroom. A conference room and a second restroom are located downstairs. The property was built in 2019.
At Germantown Avenue and West Master Street in Olde Kensington, the property sits across from Reanimator Coffee and Char. Fishtown and Northern Liberties are nearby. CMX-2 zoning allows a range of commercial uses, subject to applicable approvals.
At Germantown Avenue and West Master Street in Olde Kensington, the property sits across from Reanimator Coffee and Char. Fishtown and Northern Liberties are nearby. CMX-2 zoning allows a range of commercial uses, subject to applicable approvals.
Key Highlights
- 1,000 SF ground floor plus 700 SF lower level
- Modern storefront with expansive windows
- Office buildout includes kitchenette and ADA‑accessible restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,371
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,420
$447.4K
Cap Rate 7%
$319,586
$319.6K
Cap Rate 9%
$248,567
$248.6K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$37.3K $21.96/SF
− Vacancy
−$7.5K −$4.41/SF
EGI
$29.8K $17.55/SF
− OpEx
−$7.5K −$4.39/SF
NOI
$22.4K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,420
Cap Rate 7%
$319,586
Cap Rate 9%
$248,567
Alternative Uses
Best Use
Office B
$319.6K
$279.6K – $372.9K
NOI $22,371 @ 7.0% cap · market cap 784.95%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$414.4K
$362.6K – $483.5K
NOI $29,010 @ 7.0% cap · market cap 1,017.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office unit - A fitted office includes a kitchenette, accessible restroom, and additional lower-level meeting space.
Where is this office unit located?
The property is located at 1400 GERMANTOWN AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 1,000 SF ground floor plus 700 SF lower level; Modern storefront with expansive windows; Office buildout includes kitchenette and ADA‑accessible restroom
