2101 Germantown AvePhiladelphia, PA 19122

  • Industrial properties
  • 24,373 SF
For Sale
$2,500,000 View listing

Property Details for 2101 Germantown Ave

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
24,373 SF
Zone code
IRMX
Property type
Industrial properties
Property subtype
Other warehouses
APN
88-4-3476-19
APU
884347619

Description

This exceptional mixed-use property at 2101 Germantown Avenue in Philadelphia, Pennsylvania, presents a compelling redevelopment opportunity or ideal space for an owner-user. The fee-simple ownership includes five buildings totaling 24,373 square feet on a 7,457 square foot lot, zoned IRMX. The asking price is $2,500,000 ($102.57/SF). Currently vacant, the property boasts attractive features including timber beam construction, stunning hardwood floors, three sides of windows, two stairwells, an elevator, and multiple bathrooms. The first floor features polished concrete floors, and there are three garage bays with separate overhead doors. The building offers 40 feet of retail frontage on Germantown Avenue with a depth of approximately 123 feet. The four-story structure presents significant potential, including easy conversion for roof deck space. The property's previous use as multiple commercial spaces makes it well-suited for leasing to individual businesses. Three parking spaces are available. This is a truly unique opportunity in a prime Philadelphia location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,298,682
    Hospitality
    $4,853,564
    Educational
    $4,038,108
    Medical
    $4,176,985
    Retail
    $6,281,502
2101 Germantown Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9832
Longitude
-75.1436
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,529
$121,860
$487,440
$609,300
-
$121,860
$487,440
$609,300

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