1203 Germantown AvePhiladelphia, PA 19122

Property Details for 1203 Germantown Ave

Year built

2017

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.57 AC

Property size (Sq ft)

99,036 SF

Zone code

RM1

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

88-1-0068-67

APU

881006867

Description

Discover vibrant commercial spaces at Liberty Square, a newly developed Philadelphia complex in Northern Liberties. This prime location boasts high foot traffic and visibility, ideal for various businesses. Retail spaces range from 1,500 to 3,000 square feet, featuring modern design with floor-to-ceiling windows. The building integrates seamlessly with 201 luxury apartments above, providing a built-in customer base. Flexible space options cater to restaurants, traditional, medical, or creative offices, and other service-oriented businesses. A tenant improvement allowance is available to assist with renovations. This location offers an unparalleled opportunity to thrive in a dynamic community, enhancing the neighborhood's artistic and cultural flair. The contemporary architecture complements the upscale residential experience, creating a synergistic environment for both residents and businesses. Become part of a thriving community that values creativity, quality, and convenience. This is an exceptional opportunity to establish your business in one of Philadelphia's most desirable neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $23,324,592

  6.5%

  $21,530,392

  7%

  $19,992,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,057,068

  Geo Method

  $20,057,068

• Alternative Use

  Use

  Valuation

  Residential

  $21,530,392

  Hospitality

  $19,721,724

  Educational

  $16,408,243

  Medical

  $16,972,548

  Retail

  $25,523,934

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9699

Longitude

-75.1405

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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