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29737845
29737844

2 Locations For Sale

CP
PA PA 5006286
Binswanger Real Estate
MP
PA PA RS369516
Binswanger
Listed by Binswanger Real Estate, Binswanger
Unpriced
252 days on market
Updated 18 days ago

5140 Germantown Avenue / 15 South Ashmead Place

Details
Property Type Retail
Sub Type Storefront
Square Footage 20,900
NOI $189,498
Tenancy Multi
Brand/Tenant Family Dollar, United States Postal Service (+1)
Acreage 1.530
Zoning CMX2.5 - Neighborhood Commercial Mixed-Use
Investment Type Value Add

Retail | 20,900 SqFt

Marketing description

20,900 SF on 1.53 Acres for Sale.

The location benefits from exceptional accessibility and visibility along Germantown Pike, one of the city's most established commercial corridors with strong vehicular and pedestrian traffic. Roosevelt Boulevard (US-1) is less than ten minutes away, offering direct connections to I-76 and I-95, while multiple SEPTA bus routes and the nearby Germantown and Wister Regional Rail Stations enhance connectivity to Center City and the surrounding neighborhoods. The Germantown market is defined by its dense residential population, a mix of historic and newer housing stock, and ongoing redevelopment activity, which continues to drive demand for quality retail and residential space. In addition, proximity to major institutions such as Einstein Medical Center, La Salle University, and Jefferson University East Falls reinforces the area's long-term growth potential and stability. With its scale, zoning flexibility, and prime location within a rapidly improving neighborhood, the property is ideally positioned for investors seeking to capitalize on Philadelphia's continued urban revitalization.

Investment highlights

  • 5140 Germantown Avenue:
  • 20,900 SF on 1.36 Acres
  • CMX2.5 Zoned – Neighborhood Commercial Mixed-Use (City of Philadelphia)
  • $17,553 Estimated 2025 Taxes
  • Frontage: 160' to Germantown Pike, 139' to Ashmead Place
  • 15 South Ashmead:
  • .18 Acres
  • Zoned CMX2-5 - Neighborhood Commercial Mixed-Use (City of Philadelphia)
  • $899 Estimated 2025 Taxes
  • Tenants:
  • Family Dollar
  • • Occupies approx. 10,000 SF
  • • Lease Start Date: 12/16/2003
  • • Expiration Date: 12/31/2029
  • United States Postal Service
  • • .30 AC of rear parking lot
  • • Lease Start Date: 3/25/2021
  • • Expiration Date: 1/31/2028
  • Learning World Child Academy
  • • Occupies approx. 10,900 SF
  • • Lease Start Date: 05/27/2022
  • • Lease runs coterminously with Family Dollar
  • • Expiration Date: 12/31/2029

Listing Contacts

CP
PA PA 5006286
Binswanger Real Estate
MP
PA PA RS369516
Binswanger
Listed by Binswanger Real Estate, Binswanger

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$189,498.00
$15,791.50/mo

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Additional Information

Name
Christopher Pennington
License
PA 5006286
Brokerage Phone
5555555555
Name
Michael Pennington
License
PA RS369516
Brokerage Phone
2153906470
Title
PA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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