Mixed-Use Property with
For Sale
$585,000
5519 GERMANTOWN Avenue, Philadelphia, PA 19144
Multi-Family, PHILADELPHIA, PA
Property Size4,278 SF
Lot Size0.11 Acres
Price / SF$136.75
Days on Market288
Property Features for 5519 GERMANTOWN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Parking Lot
Subdivision
GERMANTOWN
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
4,278 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
5956
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1950
Number of units
4
Building materials
Masonry
Architectural style
Colonial
Listing Agency:
OCF Realty LLC - Philadelphia
(215) 735-7368
Listed By:
Andres Nicolini · License #RS337965
(484) 483-3114
Added: Jan 9
Changed: Aug 28
Last Checked: Oct 24 at 12:06AM
MLS# PAPH2563446
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,278-square-foot masonry property was built in 1950 and offers a flexible mixed-use configuration on Germantown Avenue. The building includes space across two levels, along with a finished lower level and third floor that can accommodate storage, shared areas, or living space. Large windows provide natural light, while the interior is currently arranged with a reception area, room nooks, and approximately 10–12 rooms plus open common areas. Forced-air heating and central air are installed. One long-term dental office tenant currently occupies the property.
The site contains 0.1102 acres and includes a five-vehicle parking lot, with additional street parking in the surrounding area. CMX-2.5 zoning supports offices, retail, personal services, restaurants, and residential integration. Market Square Park is located across Germantown Avenue, and Chelten Avenue Station provides SEPTA access nearby. The property is approximately 6 miles from downtown Philadelphia, with access to I-76 and Lincoln and Kelly Drive.
The site contains 0.1102 acres and includes a five-vehicle parking lot, with additional street parking in the surrounding area. CMX-2.5 zoning supports offices, retail, personal services, restaurants, and residential integration. Market Square Park is located across Germantown Avenue, and Chelten Avenue Station provides SEPTA access nearby. The property is approximately 6 miles from downtown Philadelphia, with access to I-76 and Lincoln and Kelly Drive.
Key Highlights
- 4,278‑square‑foot masonry mixed‑use property built in 1950
- CMX‑2.5 zoning allows office, retail, personal service, restaurant, and residential uses
- Five‑vehicle parking lot on a 0.1102‑acre site
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
Healthcare Medical
$792.0K
$693.0K – $924.1K
NOI $55,443 @ 7.0% cap · market cap 9.48%
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
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
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
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - CMX-2.5 zoning supports commercial, office, residential, and other neighborhood-oriented uses.
Where is this mixed-use property 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: 4,278‑square‑foot masonry mixed‑use property built in 1950; CMX‑2.5 zoning allows office, retail, personal service, restaurant, and residential uses; Five‑vehicle parking lot on a 0.1102‑acre site
