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    6740 Germantown Ave Philadelphia, PA 19119

    Sponsored
    For Lease
    $25 SF/Yr

    Prime Philadelphia retail/restaurant space.

    Lot size:
    6,423 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning 6,423 square foot building, located at 6740 Germantown Avenue in Philadelphia, Pennsylvania (zip code 19119), presents a rare opportunity for a discerning business owner. Originally a historic Colonial Revival bank building, the property boasts an elegant entryway, exquisite 19th-century architectural details, and impressive high arched windows. The single-tenant space is ideally suited for a restaurant, event venue, or retail establishment. Limited off-street parking is available. Situated in the heart of Mt. Airy's vibrant commercial corridor, the building is surrounded by attractive residential condos and apartments, ensuring a strong customer base. This exceptional property offers a unique blend of historical charm and modern functionality, making it an ideal location for a business seeking a prestigious and highly visible presence. The property's size and location within a thriving neighborhood make it a truly exceptional investment opportunity. Don't miss this chance to own a piece of Philadelphia history.

    Property Features for 6740 Germantown Ave

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,423 SF

    Unit(s) available at that property

    Space
    Size
    6,423 SF
    Rate per SF
    $25

    HighLights

    • High ceilings throughout.
    • Open floor plan ideal for flexible layouts.
    • Abundant natural sunlight.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.186319606522
    Latitude
    40.053479436962

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    FAQs

    What type of property is this?
    Wedding venue - Prime Philadelphia retail/restaurant space.
    Where is this wedding venue located?
    The property is located at 6740 Germantown Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High ceilings throughout.; Open floor plan ideal for flexible layouts.; Abundant natural sunlight.
    Request Owner's contact information
    6740 Germantown Ave Philadelphia, PA 19119
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    Philadelphia, PA 19119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6740 Germantown Ave Philadelphia, PA 19119
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