Check Availability
$2,699,000
↓ $1K (0%)
Commercial - For Sale

1851-57 GERMANTOWN AVE

PHILADELPHIA, PA 19122
bedrooms
Studio
bathrooms
0 Bath
$13,253
Estimated Monthly
$0
HOA / Fees

About This Property

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!
Unit Size
-
Days on Market
67 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Anthony Castaneda
Anthony Castaneda
Keller Williams Philadelphia
Last updated: 3 days ago (Bright MLS #PAPH2319430)

Price History

Date / Event Date Event Price
Apr 25, 2024 Price Decreased $2,699,000
↓ $1K (0%)
Price Decreased
Feb 21, 2024 Listed by Opus Elite Real Estate $2,700,000
Listed by Opus Elite Real Estate

Property Highlights

Elevator
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details

Interior Information

Flooring Type: Hardwood, Ceramic Tile

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,950,000 Mar 4, 2019
$2,950,000 Mar 15, 2019
-
Land
Loft
-
-
$2,510,000 Feb 12, 2021
$2,510,000 Mar 16, 2022
-
Land
Loft
-
-
$2,450,000 Oct 24, 2019
$2,450,000 Nov 27, 2019
-
Commercial
Loft
-
-
$2,699,999 Oct 2, 2023
-
-
Land
Loft
-
-
$2,300,000 Jun 20, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1851-57 Germantown Avenue 1851-57 Germantown Avenue, Philadelphia, PA 19122
  • 1 Unit for Sale
More about this Building
1851-57 Germantown Avenue
Want to find out who owns 1851-57 Germantown Avenue, Philadelphia, PA 19122? Get detailed property transactions here .

About North Philadelphia


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