5700 Germantown AvePhiladelphia, PA 19144

  • Retail properties
  • 22,050 SF
For Sale
$1,950,000 View listing

Property Details for 5700 Germantown Ave

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
22,050 SF
Zone code
CMX2.5
Property type
Retail properties
Property subtype
Retail space
APN
88-2-0720-00
APU
882072000

Description

This exceptional 6,000 square foot retail space is located at 5700-5704 Germantown Avenue in Philadelphia, Pennsylvania, zip code 19144. Currently vacant and available for immediate occupancy, this single-tenant property presents a unique opportunity for a variety of retail businesses. The building offers flexible space, adaptable to suit a range of needs, with a total area of 6,000 square feet. The property's address is highly visible on Germantown Avenue, a major thoroughfare with significant foot and vehicle traffic, ensuring excellent exposure for your business. The location in Philadelphia provides access to a large and diverse customer base. This property is ideal for businesses seeking a prominent location with high visibility and ample space to establish a strong presence. The flexible layout allows for customization to meet specific business requirements. The property is ready for immediate occupancy, allowing for a quick start to your operations. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a prime retail location in a thriving Philadelphia neighborhood. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,358,920
    6.5%
    $4,946,695
    7%
    $4,593,360
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,260,254
    Geo Method
    $7,260,254
  • Alternative Use

    Use
    Valuation
    Residential
    $4,172,722
    Hospitality
    $3,822,191
    Educational
    $3,180,018
    Medical
    $3,289,384
    Retail
    $4,946,695
5700 Germantown Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0358
Longitude
-75.1751
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
$14,818
$211,711
$846,889
$1,058,600
-
$211,711
$846,889
$1,058,600

FAQs

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