Mixed-Use Commercial
5519 Germantown Avenue Philadelphia, PA 19144
5519 Germantown Avenue, Philadelphia, PA, 19144
$645,000
For Sale
$645,000
Two-level mixed-use building with large windows, flexible interior layout, and five-car outdoor parking.
Property Size4,278 SF
Price / SF$150.77
Days on Market194
Property Features for 5519 Germantown Avenue
General Information
- Standard status
- Active
- Size
- 4,278 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1950
Listing agency
Mary Ann Hammel
(609) 304-2314
Listed by
Christopher Twardy · License #1540241
(609) 304-2314
Source
Thetristaterealestategroup
Added: Jan 9 Updated: Jul 21 at 8:07AM Checked: Jul 22 at 3:10AM
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 Mary Ann Hammel
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.
Local Financial Insights For Office B
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 | $93.9k | $21.96 |
| − Vacancy | −$18.9k | −$4.41 |
| EGI | $75.1k | $17.55 |
| − OpEx | −$18.8k | −$4.39 |
| NOI | $56.3k | $13.16 |
4,278 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$804.2K
$703.7K – $938.3K
NOI $56,296 @ 7.0% cap · market cap 8.73%
Second Best
Mixed Use
$726.0K
$635.3K – $847.1K
NOI $50,823 @ 7.0% cap · market cap 7.88%
Theoretical Best
Multifamily LT 5
$1.04M
$912.6K – $1.22M
NOI $73,004 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
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 $645,000.
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.
