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Two-Story Commercial Property For Sale

5701 GERMANTOWN AVENUE Philadelphia, PA 19144

5701 GERMANTOWN AVENUE, Philadelphia, PA, 19144
$2,000,000
For Sale
Claim this Listing
$2,000,000

Two-story commercial property on Germantown Avenue with reputable tenants.

Property Size12,790 SF
Price / SF$156.37
AddedMay 6, 2025
Days on Market437
Last RefreshJul 15 at 1:47 pm

Property Features for 5701 GERMANTOWN AVENUE

General Information

Standard status
Active
Size
12,790 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1900

Listing office RE/MAX Services

Listing date May 6, 2025

Source Exitrealty

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 RE/MAX Services


Investment Insights

Based on property information with market context.

This two-story commercial property, encompassing 12,790 square feet, is situated on the well-trafficked Germantown & Chelten Avenue business corridor. The main street level features four units, currently occupied by established tenants including Citizens Bank and a Restaurant Food Market. The second floor offers potential for additional income. The property benefits from high foot and vehicle traffic, attracting shoppers throughout the day and evening, presenting an opportunity for long-term returns.

Key Highlights

  • Large 12,790 sq/ft commercial property on a busy business corridor.
  • Four fully occupied street‑level units with reputable tenants including Citizens Bank and a Restaurant Food Market.
  • Potential for additional income by developing the second floor.

Local Financial Insights For Retail

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 $230.2k $18.00
− Vacancy −$23.7k −$1.85
EGI $206.5k $16.15
− OpEx −$62.0k −$4.84
NOI $144.6k $11.30
12,790 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,327 @ 7.0% cap · market cap 9.27%
Second Best
Retail
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,555 @ 7.0% cap · market cap 7.23%
Theoretical Best
Multifamily LT 5
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,260 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jeisy's Grilled Chicken Restaurant

Suggested Use

Real Estate Agency Law Firm Electrical Service HVAC Service Big Box & Wholesale Store Carpet & Flooring Store Building Supply Kitchen & Bath Showroom Accounting Firm Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Bank - Two-story commercial property on Germantown Avenue with reputable tenants.
Where is this bank located?
The property is located at 5701 GERMANTOWN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Large 12,790 sq/ft commercial property on a busy business corridor.; Four fully occupied street‑level units with reputable tenants including Citizens Bank and a Restaurant Food Market.; Potential for additional income by developing the second floor.
Contact an agent
More about this property
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