6116 Germantown Ave Philadelphia, PA 19144
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 6116 Germantown Ave
- Year built
- 1927
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 1,300 square foot commercial space is situated on Germantown Avenue in Philadelphia County, offering a unique blend of history and modern convenience. Built in 1927 and extensively renovated in 2024, this single-tenant property boasts a prime location within the vibrant Germantown Avenue Commercial Corridor. The building is a two-story structure with a total of eight parking spaces – a rare find in this area. Its CMX-2 zoning allows for a variety of uses, including medical, executive, traditional, and creative office spaces, as well as retail. The property's proximity to the 23, 65, and XH Septa bus lines ensures easy accessibility for employees and clients. The landlord is open to collaborating with the right tenant on significant improvements to the space, providing an opportunity to customize the layout and finishes to perfectly suit your business needs. This is a triple net lease opportunity. The surrounding area is experiencing significant revitalization, with recent developments such as the completed apartment building at 5900 Germantown Avenue and the upcoming residential conversion of Germantown High School further enhancing the property's value and appeal. This property presents a compelling investment opportunity in a rapidly growing neighborhood. The cross street is Herman.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1791
- Latitude
- 40.041
