New Construction Retail
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For Sale
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1441 GERMANTOWN AVENUE, Philadelphia, PA 19122
CMX-2 zoning supports retail, personal services, or professional office use.
Property Size584 SF
Price / SF$4.02
Days on Market6
Property Features for 1441 GERMANTOWN AVENUE
General Information
Standard status
Active
Size
584 SF
Property subtype
Commercial
Zoning
CMX-2
Site & Location
Neighborhood
Olde Kensington
Corner Location
Yes
Additional Details
Floor
Ground
Building Details
Year Built
1875
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia T Bilynsky · License #RS311101
(215) 413-4900
Source:
Cummingsrealtors
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 8:04AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 584 SF ground-floor retail space is planned as new construction, with delivery anticipated in Spring 2027. The proposed storefront configuration provides a street-level commercial space suitable for retail, personal services, or professional office use under CMX-2 zoning.
The property is at the corner of Germantown Avenue and is located in Philadelphia’s Olde Kensington neighborhood.
The property is at the corner of Germantown Avenue and is located in Philadelphia’s Olde Kensington neighborhood.
Key Highlights
- 584 SF of ground‑floor retail space
- Anticipated delivery in Spring 2027
- CMX‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,600
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,000
$132.0K
Cap Rate 7%
$94,286
$94.3K
Cap Rate 9%
$73,333
$73.3K
Market Conditions
NOI Build-Up for 584 SF
Gross rent
$10.5K $18.00/SF
− Vacancy
−$1.1K −$1.85/SF
EGI
$9.4K $16.15/SF
− OpEx
−$2.8K −$4.84/SF
NOI
$6.6K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,000
Cap Rate 7%
$94,286
Cap Rate 9%
$73,333
Alternative Uses
Best Use
Retail
$94.3K
$82.5K – $110.0K
NOI $6,600 @ 7.0% cap · market cap 280.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$142.4K
$124.6K – $166.1K
NOI $9,966 @ 7.0% cap · market cap 424.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,144
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 25%
Groceries 24%
Electronics 4%
McDonald's
Dining
23,463 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
9,949 visits/mo
0.3 miles
Sunoco
Shops & Services
9,869 visits/mo
0.5 miles
Fine Wine & Good Spirits
Groceries
6,966 visits/mo
0.4 miles
Jeni's Splendid Ice Creams
Dining
5,149 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - CMX-2 zoning supports retail, personal services, or professional office use.
Where is this retail space located?
The property is located at 1441 GERMANTOWN AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 584 SF of ground‑floor retail space; Anticipated delivery in Spring 2027; CMX‑2 zoning
