1851 Germantown Avenue Philadelphia, PA $ 2,650,000
1851 Germantown Avenue
$ 2,650,000
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1851 Germantown Avenue

Philadelphia, PA, 19122
$ 2,650,000
Baths0.0 Sq 10,400

Monthly Estimate*

$ 17,613

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View a Virtual Tour
Studio

Commercial Property for sale in Philadelphia, PA

for $2,650,000. This 10,400 square foot building was built in 2019 on a lot size of 0.09.

Introducing an exceptional investment opportunity in a prime location! This state-of-the-art mixed-use building, constructed in 2019 with 6 YEARS TAX ABATEMENT still left, presents a total of 7 units, featuring a ground floor commercial space and 6 individual residential condos. The ground floor offers a versatile commercial space, ideal for retail, office, or dining establishments, providing endless possibilities for entrepreneurs and business owners. On the second floor, you'll discover (2) spacious 2-bedroom/2-bathroom condos and (1) 1-bedroom/1.5-bathroom condo, offering residents modern and comfortable living spaces tailored to urban lifestyles. Ascending to the third floor, you'll find (2) additional 2-bedroom/2-bathroom condos and (1) cozy 1-bedroom/1.5-bathroom condo, each designed with contemporary finishes and thoughtful layouts to maximize comfort and convenience. All units within the building are individual condos, each with its own documentation, ensuring ease of ownership and management for prospective investors. Additionally, each unit is individually metered for utilities, providing efficient and cost-effective living arrangements for residents. Whether you're seeking a prime commercial space or modern residential condos, this mixed-use building offers an unparalleled investment opportunity in a thriving neighborhood. Don't miss out on this chance to own a lucrative asset in a desirable location. Schedule your viewing today!

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Commercial Active

Price

$ 2,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,941

Style

Day Care Facility

Lot Size

0.09

Year Built

2019

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2319430

Features
Interior
Heating Fuel Electric
Flooring Hardwood Ceramic Tile
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
Number of Elevators 1
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD
Roof Flat
Zoning CMX2
Security Features Sprinkler System - Indoor Smoke Detector Carbon Monoxide Detector(s) Main Entrance Lock
Construction Materials Masonry Other
Year Built 2019
Electric 200+ Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Day Care Facility
Accessibility Elevator
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Possible Use Mixed Use Retail Restaurant Professional Service Office Day Care Convenience Store Clothing
Water Access Y/N N
Status ACTIVE
Directions W Berks Street and Germantown Ave
City PHILADELPHIA
Buyer Agent Compensation 2
NumberOfUnitsTotal 7
MLS Area 19122 (19122)
Lot Size Units Square Feet
Lot Size Square Feet 3896.00
Waterfront Y/N N
Tax Annual Amount 1941.0
Property Condition Excellent
Price Per Sq Ft Total AG 254.81
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://www.dropbox.com/scl/fi/m698wsv2wg0mup8rqzz9x/1851-Germantown-Ave-Final.mp4?rlkey=za1bpgktsnkpcredpgfofytga&e=1&dl=0
Days on Market 121
Standard Status Active
Year Built Source Assessor
Tax Lot 32
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 10400.00
Lot Dimensions 64.00 x 90.00
Lot Size Acres 0.09
Lot Size Source Assessor
Land Assessed Value 138700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1851
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* Excluded Features
List By
Opus Elite Real Estate

Broker

anthonyrobertcastaneda@gmail.com

Email

Affordability Calculator

$17,774
Per Month
99%
1%
0%
Monthly Principal & Interest
$17,613
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$2,650,000 -1.82% Price Down
4/25/2024$2,699,000 -0.04% Price Down
2/21/2024$2,700,000 Listed Price

Map


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1851 Germantown Avenue, Philadelphia, PA, 19122 is a Commercial Property for sale at $2,650,000 with 10,400 sqft and a lot size of 0.09. 1851 Germantown Avenue is a studio with 0.0 baths and was built in 2019. The property's zip code is 19122 which is in Philadelphia, PA