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Retail Space with Basement
New
For Sale
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8623 Germantown Avenue, Philadelphia, PA 19118

New construction with CMX25 zoning and additional lower-level area.

Property SizeContact for details
Days on Market2

Property Features for 8623 Germantown Avenue

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Commercial
Zoning CMX25
Lease Term More Than 60 Months

Site & Location

Neighborhood Chestnut Hill

Amenities

Electric
Yes
1480
No
1
809
N
Public
29.00 x 51.00
0.58
Assessor
On Street
7

Building Details

Year Built 2025
Listing Agency: Elfant Wissahickon-Chestnut Hill
Listed By: Louise Dalessandro · License #AB066994
Source: Thetristaterealestategroup
Added: Nov 3 Last Checked: Nov 3 at 2:32PM

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 Elfant Wissahickon-Chestnut Hill

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space was built in 2025 and includes 809 square feet in the basement. The property is located at 8623 Germantown Avenue in Philadelphia and is zoned CMX25.

Key Highlights

  • 809 square feet of basement space
  • Built in 2025
  • CMX25 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Accounting Firm Grocery & Convenience Store Barber Shop Electrical Service Big Box & Wholesale Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,325
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 12% Home Improvements & Furnishings 8% Apparel 2%
Bank of America Shops & Services
5,613 visits/mo 0.1 miles
Truist Shops & Services
3,610 visits/mo 0.2 miles
PNC Bank Shops & Services
3,088 visits/mo 0.3 miles
Citizens Bank Shops & Services
3,066 visits/mo 0.1 miles
TD Bank Shops & Services
3,063 visits/mo 0.1 miles

Demographics for 19118, PA

9,728
Population
5,079
Households
1.9
Avg Household Size
46
Median Age
76%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
3,040
Density / Sq Mi
$105,667
Median Household Income
$65,197
Median Earnings
$1,772
Median Rent
$688,000
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

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - New construction with CMX25 zoning and additional lower-level area.
Where is this retail space located?
The property is located at 8623 Germantown Avenue Philadelphia, PA.
What are key features of this property?
This property features: 809 square feet of basement space; Built in 2025; CMX25 zoning
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