154-56 Chelten Ave Philadelphia, PA 19144
This exceptional investment opportunity presents a 4,448 square foot storefront located at 154-56 W Chelten Ave in Philadelphia, Pennsylvania's Germantown neighborhood. Currently 100% occupied, this single-story, 1960-built building sits on a 5,780 square foot lot and offers two parking spaces. The property boasts a clear-span interior, maximizing retail space without obstructive columns. Benefiting from a prime location with excellent visibility, the driveway shared with a neighboring PNC Bank provides corner-like exposure. The asking price is $650,000, translating to $146.13 per square foot. Zoned CMX-2.5, this property allows for significant redevelopment potential, with the possibility of adding up to 55 feet in height. The building is currently owner-occupied but will be delivered vacant upon sale. This is a valuable opportunity within a Qualified Opportunity Zone (QOZ), offering potential tax advantages for investors. The property's single-unit structure simplifies management and ownership. This is a rare chance to acquire a well-located, versatile retail space with significant upside potential in a thriving Philadelphia neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.