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5700 Germantown Ave Philadelphia, PA 19144

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For Sale
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Prime Philadelphia Mixed-Use, 17 Units

Property size:
22,050 SF

Property Features for 5700 Germantown Ave

General Information

Property type
Mixed-use properties
Square Feet
22,050 SF

Building Details

Year Built
1900
Buildings
1
Stories
3
Units
17

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Listing Contact
Veronica Gintel Blum
Veronica Gintel Blum

Listing Agency: Mallin Panchelli Nadel Realty, Inc. Listing Agent: Veronica Gintel Blum

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional redevelopment opportunity presents a vacant, 22,050 square foot mixed-use property at 5700 Germantown Avenue in Philadelphia, Pennsylvania. The property, built in 1900, features a three-story building on a 7,350 square foot lot and is zoned CMX-2.5. Plans are fully approved for 16 residential units and one street-level commercial unit totaling over 5,745 square feet. All necessary permits (building and MEP) are issued and paid for, along with a complete set of construction plans. A significant advantage is the inclusion of a full 10-year tax abatement. The property's location at the corner of Germantown and Chelten Avenues offers excellent visibility and is situated within a Qualified Opportunity Zone (QOZ), providing potential investors with substantial tax benefits. The asking price is $1,950,000, translating to $88.44 per square foot. Historic tax credits are also available. This is a turnkey project ready for immediate development. The property is currently vacant.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

VILLA, Join the Movement Clothing & Fashion Store Jayden’s Fresh Fruit ... Specialty Food Shop DTLR Clothing & Fashion Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.17466665
Latitude
40.03586204

FAQs

What type of property is this?
Mixed-use property - Prime Philadelphia Mixed-Use, 17 Units
Where is this mixed-use property located?
The property is located at 5700 Germantown Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Fully approved redevelopment opportunity with all permits issued and paid.; Qualified Opportunity Zone (QOZ) offering significant tax benefits.; 16 residential units and 5,745 square feet of commercial space planned.
(215) 413-4900 Call to check price and availability
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