1851 Germantown Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19122- North Philadelphia East
$2,450,000 USD
267-780-3419
1851 Germantown Ave, Philadelphia, PA for Sale
$2,450,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

1851 Germantown Ave
Philadelphia, PA 19122
North Philadelphia East


HIGHLIGHTS

  • Beautiful building in great location
  • Excellent apartments

OVERVIEW

1851 Germantown Avenue | Philadelphia, PA Turnkey Mixed-Use Investment – Fully Leased, New Construction Built in 2019, this modern mixed-use building offers investors a stable, high-yield opportunity in the rapidly developing Lower North Philadelphia corridor, just minutes from Temple University and Fishtown. The property features a ground-floor commercial daycare tenant with a long-term lease and six residential apartments above. Each apartment offers contemporary finishes, open layouts, and strong rental demand in a high-growth submarket. The building is 100% occupied with reliable, long-term tenants producing net operating income of approximately $187,000 annually. Offered at $2,450,000, this asset delivers both steady cash flow and long-term appreciation potential in one of Philadelphia’s most active redevelopment zones. Highlights: – 2019 new construction – modern systems and design – CMX-2 zoning – 6 residential condos + 1 commercial unit – 100% leased / NOI ˜ $187,000 – List Price: $2,450,000 – Professionally managed, low maintenance

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First Class Learning Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CMX2

APN/PARCEL ID

881078516

ASK ABOUT THIS PROPERTY

Jon O'SheaMcCann CommercialMore Info
267-780-3419

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Jon O'SheaMcCann CommercialMore Info
267-780-3419

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.