Property summary
The property consists of two adjoining commercial buildings in Philadelphia, Pennsylvania, located at 2111 and 2113–2115 Germantown Avenue, totaling nearly 10,000 square feet and zoned CMX2. The buildings sit on a combined lot size of approximately 0.04 acres. The first floors contain spacious, open-layout commercial interiors with high ceilings that were historically used for restaurant and lounge/bar purposes, and are configured to support hospitality, retail, or other mixed-use concepts. The second and third floors are set up as apartment units, providing residential space within the same structure and potential for renovation or reconfiguration into additional residential units. The property’s design and zoning allow for mixed-use redevelopment and potential income-producing residential and/or commercial use, and the location is positioned along an active corridor with proximity to public transportation and Temple University.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CMX2 · Philadelphia, PACMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMX2 in Philadelphia, PA.
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