Commercial property located on a well known busy business corridor of Germantown & Chelten Ave. First floors are fully rented with all tenants being NNN with long-term leases with 3% annual increase. They are: Citizens Bank, RestaurantFood Market, Convenient Store and Boost Wireless. It has great exposure anchored by Citizens Bank with more growth potential on the 2nd floor for additional source of income. Second floor has separate entrance from Chelten Ave. It is ready for a new tenant. Must come and see. Access to Septa lines all around. All prospective investors are to provide pre-qualification or proof of funds prior to any showings. Please contact listing agent for financials.
MLS# | PAPH2298514 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 332 |
Listing Provided By | RE/MAX Legacy | Sung H Hong |
SQ Feet | 12,790 |
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Zoning | CMX2 |
Acreage | 0.15 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19144 |
Area | 19144 |
Community Name | Germantown |
School District | The School District Of Philadelp |
Listing VS Median (in Germantown) | |
Price: $2,390,000 low | high Med: $124,900 SqFt: 12,790 low | high Med: 1,697 $ / SqFt: $187 low | high Med: $74 On Site: 332 low | high Med: 258.000000 |