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Entitled Mixed-Use Development Land
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226 W Chelten Ave, Philadelphia, PA 19144

Fully entitled site for 46 apartments over ground-floor commercial with parking and a rooftop terrace.

Property Size43,245 SF
Days on Market125

Property Features for 226 W Chelten Ave

General Information

Standard status Active
Size 43,245 SF
Total Parking Spaces 10
Property subtype Land

Additional Details

Multifamily Units 46

Amenities

panoramic rooftop terrace
10 year tax abatement

Building Details

Stories 5
Listing Agency: The Oceanside Realty Team
Listed By: Agent PHL · License #Pennsylvania RS316262
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

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 The Oceanside Realty Team

Investment Insights

Based on property information with market context.

This fully entitled development parcel is designed for a mixed-use building with 46 market-rate apartments positioned atop approximately 750 sf of ground-floor commercial space. The plan includes 10 parking spaces and a rooftop terrace with panoramic views of the Wissahickon Woods. The residential mix calls for 6 studio units, 32 one-bedroom units, and 8 two-bedroom units, within a total building size of 43,245 sf across 5 stories.

The site is located at 226 W Chelten Ave in Germantown. Public remarks note nearby Weavers Way Grocery and Ultimo Coffee, as well as access to the Chelten Avenue SEPTA Regional Rail line (Chestnut Hill West), which connects into Center City and University City.

Photos of a similar development under construction next door at 234 W Chelten Street are included in the materials. A full 10-year tax abatement is also referenced, and additional entitlement documents, pro forma, and permits are available upon inquiry.

Key Highlights

  • Fully entitled development site for 46 market‑rate apartments plus 750 SF ground‑floor commercial space
  • Building designed as 5 storeys with total building size of 43,245 SF
  • Proposed unit mix includes 6 studios, 32 one‑bedroom, and 8 two‑bedroom apartments

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Building Supply Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

46
Residential units

Location Intelligence

Trade Area within ½ mile

1,717
Businesses Nearby

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully entitled site for 46 apartments over ground-floor commercial with parking and a rooftop terrace.
Where is this commercial land located?
The property is located at 226 W Chelten Ave Philadelphia, PA.
What are key features of this property?
This property features: Fully entitled development site for 46 market‑rate apartments plus 750 SF ground‑floor commercial space; Building designed as 5 storeys with total building size of 43,245 SF; Proposed unit mix includes 6 studios, 32 one‑bedroom, and 8 two‑bedroom apartments
More about this property
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