139 Chelten AvePhiladelphia, PA 19144

Property Details for 139 Chelten Ave

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.32 AC

Property size (Sq ft)

6,729 SF

Zone code

CMX2.5

Property type

Retail space

APN

88-2-0728-00

APU

882072800

Description

This exceptional retail property, located at 139-145 West Chelten Avenue in Philadelphia, Pennsylvania, presents a unique investment opportunity. Completed in 2024, this single-tenant building offers 2,000 square feet of versatile retail space. Situated on a 0.31-acre lot, the property boasts a prominent location within the vibrant Germantown neighborhood, zip code 19144. The building is a modern five-story structure, providing ample space for a variety of retail uses. The CMX2.5 zoning allows for flexibility in permitted business types. This is a new construction offering, ensuring modern amenities and efficient design. The property's strategic location within Germantown offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-traffic area. The single-tenant occupancy provides simplicity and ease of management. This property is an excellent opportunity for businesses looking to establish a strong presence in a thriving Philadelphia neighborhood. The address is 139-145 West Chelten Avenue, Philadelphia, PA 19144. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,635,382

  6.5%

  $1,509,583

  7%

  $1,401,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,215,612

  Geo Method

  $2,215,612

• Alternative Use

  Use

  Valuation

  Residential

  $1,273,390

  Hospitality

  $1,166,418

  Educational

  $970,446

  Medical

  $1,003,822

  Retail

  $1,509,583

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.033

Longitude

-75.1782

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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