8337 Germantown Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19118- Chestnut Hill
$1,550,000 USD
215-300-9688
8337 Germantown Ave, Philadelphia, PA for Sale
$1,550,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

8337 Germantown Ave
Philadelphia, PA 19118
Chestnut Hill


HIGHLIGHTS

  • Turn-Key Restaurant/Bar
  • Liquor License Included
  • Located in Chestnut Hill

OVERVIEW

Equity CRE is pleased to offer the opportunity to purchase a local iconic establishment, 8337 Germantown Ave, a ±2,900 SF turn-key restaurant and bar with a fully equipped kitchen and a Pennsylvania R type liquor license. Located in Philadelphia’s historic Chestnut Hill neighborhood, this property sits steps from the signalized intersection of Germantown Ave & Gravers Lane (the best intersection in town). This bustling corridor sees almost 10,000 vehicles per day, is steps from Septa’s Chestnut Hill West station and has multiple bus routes stopping along Germantown Ave. About a block away from the target property is the Septa Chestnut Hill bus loop - a depot where 5 different bus lines converge and disperse. The property is also directly across from a public parking lot which is rare for the neighborhood and has off-street parking and loading for employees in the rear. This property is being offered in “as-is” condition and the seller is not obligated to provide property improvements or alterations. This sale is Confidential so please do not disrupt daily business or approach any on-site employees. All inspections shall be set up with 48 hour’s notice.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$710 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CMX-1

APN/PARCEL ID

871020750

ASK ABOUT THIS PROPERTY

Steve JeffriesEquity CREMore Info
215-300-9688

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

Steve JeffriesEquity CREMore Info
215-300-9688

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