215-448-6053
5140 Germantown Ave & 15 South Ashmead Pl, Philadelphia, PA for Sale
Freestanding - FOR SALE
1/11
null | Request Cap Rate

5140 Germantown Ave & 15 South Ashmead Pl
Philadelphia, PA 19144
Germantown


HIGHLIGHTS

  • Dual frontage on Germantown Pike and Ashmead Place enhances visibility
  • CMX2.5 zoning allows for retail, multifamily, or mixed-use redevelopment
  • Stable income from national and institutional tenants with long-term leases
  • Immediate access to Roosevelt Blvd, I-76, I-95, and SEPTA transit
  • Proximity to major institutions supports long-term growth and demand

OVERVIEW

5140 Germantown Avenue and 15 South Ashmead Place present a unique opportunity for investors and developers to acquire a strategically positioned property in the heart of Germantown, Northwest Philadelphia, a submarket that continues to see steady revitalization and growing investor interest. The combined offering includes a 20,900-square-foot building situated on approximately 1.53 acres, with prominent dual frontage of 160 feet along Germantown Pike and 139 feet along South Ashmead Place. Zoned CMX2.5 (Neighborhood Commercial Mixed-Use), the property provides flexibility for a variety of redevelopment strategies, including retail, multifamily, or mixed-use projects, and is supported by an estimated 2025 real estate tax obligation of $18,452.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gateway Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

CMX2.5

APN/PARCEL ID

882038150

ASK ABOUT THIS PROPERTY

Chris PenningtonBinswangerMore Info
215-448-6053

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

Chris PenningtonBinswangerMore Info
215-448-6053

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