625-35 Wister AvePhiladelphia, PA 19144

Property Details for 625-35 Wister Ave

Year built

1967

Property size (Sq ft)

44,240 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional two-story, 44,240 square foot Class B medical office building presents a compelling investment opportunity in Philadelphia, Pennsylvania. Located at 625-35 E Wister Ave, 19144, this multi-tenant property boasts a 70% occupancy rate, generating immediate cash flow from existing tenants, including a pediatric practice and private educational community-based services. Built in 1967 and renovated in 2007, the building is part of UNIT 1 of the West Campus Condominium. The gross lease structure simplifies management. The property's RSA-1 zoning allows for flexibility, including potential residential conversion. Its strategic location offers immediate proximity to La Salle University and Willow Terrace Rehabilitation (formerly Germantown Medical Center), providing strong visibility and access to a diverse population. The asking price is $1,800,000. An adjacent building, Founders Building (17,280 SF), is also available for purchase, providing an opportunity to expand the footprint for users or investors seeking additional square footage. This presents a rare chance to acquire a well-established medical office building with significant upside potential in a desirable Philadelphia location.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0397

Longitude

-75.1599

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