7601 Germantown Ave Philadelphia, PA 19119-1660
- Investment properties
- 4,070 SF
- 0.20 lot acres
Current Use by Public Records
- Clark Stephanie DDS / Dental Office
- DeBrady Medical Associates / Medical Clinic
Property Details for 7601 Germantown Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.20 lot acres
- Property size
- 4,070 SF
- Zone code
- CMX2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 88-2-0007-00
- APU
- 882000700
Description
This exceptional 1,100 square foot turnkey medical office space is situated within a modern, multi-tenant medical building at 7601 Germantown Avenue in Philadelphia, Pennsylvania, zip code 19119. The property is part of a larger 4,400 square foot building and offers a single-tenant occupancy. Its prime location in Mount Airy provides easy access to Chestnut Hill and Wyndmoor. The building enjoys excellent visibility at the corner of Germantown Avenue and Roumfort Road. Public transportation is readily available, with the Mount Airy SEPTA Regional Rail station nearby, and convenient access to major roadways including I-76, Lincoln Drive, and Wayne Avenue. This thriving commercial area boasts a strong concentration of established businesses, including CVS, Wawa, Acme, Staples, Brewers Outlet, The Night Kitchen Bakery, Jansen, CinCin, Fine Wine & Good Spirits, Chestnut Hill Flower & Garden, and Baker Street Bread Co., ensuring high foot traffic and visibility for your business. This turnkey space presents a fantastic opportunity for medical professionals seeking a well-located and established office environment. Philadelphia County ownership.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $805,000
- 6.5%
- $745,000
- 7%
- $690,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $682,000
- AI Estimate
- $455,000
Market price range: $373k - $1.04MMarket price range: $348k - $610k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $705,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $755,000 Change: +7% Conversion: Difficult
- RETAIL STORES
- $700,000 Change: -1% Conversion: Easy
- AUTO REPAIR, GARAGE
- $640,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1952
- Latitude
- 40.0652
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA