Mixed-Use Commercial
For Sale
$585,000
5519 Germantown Avenue, Philadelphia, PA 19144
Two-level mixed-use building with large windows, flexible interior layout, and five-car outdoor parking.
Property Size4,278 SF
Price / SF$136.75
Days on Market289
Property Features for 5519 Germantown Avenue
General Information
Standard status
Active
Size
4,278 SF
Property subtype
Multi-Family
Zoning
CMX25
Site & Location
Neighborhood
Wister
Taxes and HOA fees
Annual Taxes
$5,956
Amenities
Natural Gas
Yes
Oil
3
Estimated
No Pool
Public
DB0
32.00 x 150.00
0.11
No
Parking Lot
Slab
85100.00
Building Details
Building Size
4,278 SF
Year Built
1950
Listing Agency:
Coldwell Banker Commercial
(856) 222-0077
Listed By:
Christopher Twardy · License #1540241
(609) 304-2314
Source:
Thetristaterealestategroup
Added: Jan 9
Changed: Oct 6
Last Checked: Oct 24 at 3:09PM
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 Coldwell Banker Commercial
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Investment Insights
Based on property information with market context.
This mixed-use commercial building offers an expansive layout across two levels, including large windows for natural light and high ceilings. The current configuration includes a reception area and flexible room nooks, with a setup that can support additional partitioning. A finished lower level and third floor provide space that can be used for storage, shared common space, or living space.
The property features wide street-level presence on Germantown Avenue with a five-car outdoor parking lot, plus additional street parking. It is currently rented to one long-term tenant operating as a dental office.
The property is zoned CMX-2.5, which is intended for active neighborhood commercial corridors and supports a mix of uses, including offices and retail, as well as residential integration for live-work or rental options.
The property features wide street-level presence on Germantown Avenue with a five-car outdoor parking lot, plus additional street parking. It is currently rented to one long-term tenant operating as a dental office.
The property is zoned CMX-2.5, which is intended for active neighborhood commercial corridors and supports a mix of uses, including offices and retail, as well as residential integration for live-work or rental options.
Key Highlights
- Zoned CMX‑2.5 (Philadelphia) for versatile mixed‑use, including office, retail, personal services, restaurants, and residential integration.
- Two‑level mixed‑use building with 3 total stories, large windows, high ceilings, and a finished lower level plus third floor for storage/common space.
- Lot size approx. 0.11 acres (32.00 x 150.00) with slab foundation and public water supply.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,823
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,460
$1.0M
Cap Rate 7%
$726,043
$726.0K
Cap Rate 9%
$564,700
$564.7K
Market Conditions
NOI Build-Up for 4,278 SF
Gross rent
$92.4K $21.60/SF
− Vacancy
−$11.1K −$2.59/SF
EGI
$81.3K $19.01/SF
− OpEx
−$30.5K −$7.13/SF
NOI
$50.8K $11.88/SF
Area
Philadelphia, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,460
Cap Rate 7%
$726,043
Cap Rate 9%
$564,700
Alternative Uses
Best Use
Office B
$804.2K
$703.7K – $938.3K
NOI $56,296 @ 7.0% cap · market cap 9.62%
Second Best
Mixed Use
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 8.69%
Theoretical Best
Multifamily LT 5
$1.04M
$912.6K – $1.22M
NOI $73,004 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Live-work space - Two-level mixed-use building with large windows, flexible interior layout, and five-car outdoor parking.
Where is this live-work space located?
The property is located at 5519 Germantown Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Zoned CMX‑2.5 (Philadelphia) for versatile mixed‑use, including office, retail, personal services, restaurants, and residential integration.; Two‑level mixed‑use building with 3 total stories, large windows, high ceilings, and a finished lower level plus third floor for storage/common space.; Lot size approx. 0.11 acres (32.00 x 150.00) with slab foundation and public water supply.
