625-35 Wister Ave Philadelphia, PA 19144
- Office Properties & Spaces
- 44,240 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 625-35 Wister Ave
- Year built
- 1967
- Property size
- 44,240 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional two-story, 44,240 square foot Class B medical office building presents a compelling investment opportunity in Philadelphia, Pennsylvania. Located at 625-35 E Wister Ave, 19144, this multi-tenant property boasts a 70% occupancy rate, generating immediate cash flow from existing tenants, including a pediatric practice and private educational community-based services. Built in 1967 and renovated in 2007, the building is part of UNIT 1 of the West Campus Condominium. The gross lease structure simplifies management. The property's RSA-1 zoning allows for flexibility, including potential residential conversion. Its strategic location offers immediate proximity to La Salle University and Willow Terrace Rehabilitation (formerly Germantown Medical Center), providing strong visibility and access to a diverse population. The asking price is $1,800,000. An adjacent building, Founders Building (17,280 SF), is also available for purchase, providing an opportunity to expand the footprint for users or investors seeking additional square footage. This presents a rare chance to acquire a well-established medical office building with significant upside potential in a desirable Philadelphia location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1599
- Latitude
- 40.0397
