Industrial Warehouse with Three-Street
1701 Germantown Ave Philadelphia, PA 19122
1701 Germantown Ave, Philadelphia, PA, 19122
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For Sale
Contact for pricing
12,213 SF industrial warehouse on a corner lot with frontage along three streets, zoned I-1.
Property Size12,213 SF
Lot Size0.62 Acres
Price / SF$286.58
Days on Market122
Property Features for 1701 Germantown Ave
General Information
- Standard status
- Active
- Size
- 12,213 SF
- Lot size
- 0.62 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1925
Listing agency
MPN Realty, Inc.
(215) 413-4900
Listed by
Veronica Blum · License #PA
Source
Crexi
Added: Mar 23 Updated: Jul 21 at 3:11PM Checked: Jul 22 at 8:22AM
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 MPN Realty, Inc.
Investment Insights
Based on property information with market context.
1701 Germantown Ave is a 12,213 SF industrial warehouse set on a 27,049 SF corner lot. The property offers three-street frontage along Germantown Avenue, N 4th Street, and Cecil B. Moore Avenue, creating strong visibility and practical access for industrial use.
The site is zoned I-1 (Industrial) and is positioned in Philadelphia’s 19122 corridor. Public remarks note strong connectivity to Center City, Temple University, and major transportation routes, supporting its appeal for users and tenants seeking an infill location.
Offered for sale, with the opportunity to acquire or lease as described in the remarks, the building’s zoning and frontage profile provide flexibility for an owner-user or investor looking for an I-1 industrial asset in an active corridor.
The site is zoned I-1 (Industrial) and is positioned in Philadelphia’s 19122 corridor. Public remarks note strong connectivity to Center City, Temple University, and major transportation routes, supporting its appeal for users and tenants seeking an infill location.
Offered for sale, with the opportunity to acquire or lease as described in the remarks, the building’s zoning and frontage profile provide flexibility for an owner-user or investor looking for an I-1 industrial asset in an active corridor.
Key Highlights
- 12,213 SF industrial warehouse at 1701 Germantown Avenue in Philadelphia, PA
- Built in 1925
- Located on a 27,049 SF corner lot with frontage on Germantown Avenue, N 4th Street, and Cecil B. Moore Avenue
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.7k | $13.08 |
| − Vacancy | −$12.8k | −$1.05 |
| EGI | $147.0k | $12.03 |
| − OpEx | −$22.0k | −$1.81 |
| NOI | $124.9k | $10.23 |
12,213 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.78M
$1.56M – $2.08M
NOI $124,921 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.98M
$2.61M – $3.47M
NOI $208,414 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 12,213 SF industrial warehouse on a corner lot with frontage along three streets, zoned I-1.
Where is this warehouse located?
The property is located at 1701 Germantown Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 12,213 SF industrial warehouse at 1701 Germantown Avenue in Philadelphia, PA; Built in 1925; Located on a 27,049 SF corner lot with frontage on Germantown Avenue, N 4th Street, and Cecil B. Moore Avenue
