$1,000,000

1301-3 Germantown Ave

PHILADELPHIA PA, 19122

Description

Incredible opportunity to purchase two contiguous properties 1301-05 & 1305 Germantown Ave. as a package. The total asking price for both properties is 2.29 mil, owner prefers to sell both together. Located directly across from a brand new apartment complex, and right next to a future condo development, this neighborhood is exploding. Ideally situated just two blocks from Northern Liberties and close to the Piazza & Girard Ave, Fishtown, and only a few blocks to the subway make this a great location for business and investments. 1301-1305 is a 3 story corner mixed use property that has been gutted and framed for a commercial unit on the 1st floor and two 2 bedroom apartments on the 2nd and 3rd floor. The basement has great ceiling height, and is super clean. The neighborhood could use a cafe or coffee shop, but the possibilities are endless. 1305 Germantown is a separate tax ID and MLS listing, but it offers IRMX zoning (build up to 5 stories by right) 20x150 lot, and is a existing 2 story building that was last used as a Photography studio and gallery, but could also be a restaurant, or offices. The first floor has incredibly tall ceilings, concrete floors, and a rear two story addition that has been framed. The second floor offers a large 2 bed, 2 full bath apartment, with roof deck access as well. Opportunity to build up another story to add more units, two unique buildings offering multiple opportunities for development. This is a package deal for both 1301-03 & 1305 Germantown Ave for 2.29

Details

MLS#PAPH928232
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site25

Features

SQ Feet4,356
Units2
ZoningICMX
Loading Form
Loading Form
Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
Listing VS Median (in 19122)
Price:
$1,000,000
low | high
Med:
$175,000
100% of Average
SqFt:
4,356
low | high
Med:
366
100% of Average
$ / SqFt:
$230
low | high
Med:
$120
97.930327868852% of Average
On Site:
25
low | high
Med:
71
35.211267605634% of Average
Listing Updated: 09/25/2020
Lara Ertwine LogoMLS Number: PAPH928232
Listing Provided By:
Lara Ertwine  of  Keller Williams Philadelphia
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2020 Bright MLS, All Rights Reserved