5607 Germantown Ave Philadelphia, PA 19144
- Retail space
- 30,352 SF
- 0.35 lot acres
Current Use by Public Records
- Relax and Hang Aerial Yoga Studio / Yoga Studio / Aerial Sports Center
- Boss Furniture / Furniture Store / Bedding Store
- Soundchild Studio / Recording Studio
- MAD Memorable Moments / Event Planner
- Painting Pretty Studio / Artist
Property Details for 5607 Germantown Ave
- Year built
- 1915
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.35 lot acres
- Property size
- 30,352 SF
- Zone code
- CMX3
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 88-2-0415-00
- APU
- 882041500
Description
This exceptional Germantown Avenue property offers 45,000 square feet of versatile office space, ideal for coworking or creative businesses. The building, renovated in 2018, features a single, two-story structure situated on a 15,000 square foot lot. Currently, 30,000 square feet are available for lease, with options ranging from 1,000 to 15,000 contiguous square feet. The flexible layout caters to various business needs, making it perfect for both large and small enterprises. The property's location in the Germantown submarket of Philadelphia, Pennsylvania (zip code 19144), provides excellent access to the city's amenities and transportation networks. Lower-level suites are available, with starting rates at $700. This is a unique opportunity to secure prime office space in a thriving Philadelphia neighborhood. The property is classified as an office building with multiple tenancies. The building's total square footage is 45,000 square feet, with a maximum contiguous space of 15,000 square feet. This presents a rare chance to establish a significant presence in a desirable location. Inquire today to learn more about leasing opportunities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $510,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $515,000
- Mixed-Use
- $540,000
- Hospitality
- $500,000
- Educational
- $445,000
- Residential Income
- $405,000
- Energy
- $500,000
- Income-Based Land
- $480,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1738
- Latitude
- 40.0354
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
