Two-Story Commercial Property For
For Sale
$2,000,000
Pending
5701 GERMANTOWN AVENUE, Philadelphia, PA 19144
Two-story commercial property on Germantown Avenue with reputable tenants.
Property Size12,790 SF
Days on Market527
Property Features for 5701 GERMANTOWN AVENUE
General Information
Standard status
Pending
Size
12,790 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$8,863
Building Details
Year Built
1900
Listing Agency:
RE/MAX Services
(215) 641-2500
Listed By:
Brian Kang · License #RS276051
(267) 476-7117
Source:
Exitrealty
Added: May 6, 2025
Changed: Sep 10
Last Checked: Sep 15 at 5:09AM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,555
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,891,100
$2.9M
Cap Rate 7%
$2,065,071
$2.1M
Cap Rate 9%
$1,606,167
$1.6M
Market Conditions
NOI Build-Up for 12,790 SF
Gross rent
$230.2K $18.00/SF
− Vacancy
−$23.7K −$1.85/SF
EGI
$206.5K $16.15/SF
− OpEx
−$62.0K −$4.84/SF
NOI
$144.6K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,891,100
Cap Rate 7%
$2,065,071
Cap Rate 9%
$1,606,167
Alternative Uses
Best Use
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,327 @ 7.0% cap · market cap 9.27%
Second Best
Retail
$2.07M
$1.81M – $2.41M
NOI $144,555 @ 7.0% cap · market cap 7.23%
Theoretical Best
Multifamily LT 5
$3.12M
$2.73M – $3.64M
NOI $218,260 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,945
Businesses Nearby
119k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 27%
Groceries 6%
Electronics 2%
McDonald's
Dining
22,820 visits/mo
0.1 miles
Wendy's
Dining
17,023 visits/mo
0.5 miles
Burger King
Dining
14,786 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,386 visits/mo
0.4 miles
PNC Bank
Shops & Services
8,005 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
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.
