Listed by Equity CRE
$2,000,000
1301-03 &1 Germantown Avenue
Details
Property Type Retail, Office
Square Footage 9,996
Tenancy Vacant
Year Built 1900
Lot Size (SqFt) 5,751
Zoning RSA-5, ICMX
Ground Lease No
±10,000 SF Redevelopment/Adaptive Re-Use Opportunity
Marketing description
Equity CRE presents 1301-03 & 1306 Germantown Avenue, a rare opportunity to acquire a warehouse-to-retail/mixed-use conversion. The combined assemblage is located steps away from Northern Liberties in Olde Kensington, one of Philadelphia’s fastest growing urban submarkets. The offering consists of two adjacent properties totaling approximately 9,996 SF of building area on 4,751 SF of land, with the ability to combine the buildings, creating flexibility for investors, users or developers.
The surrounding area is experiencing significant residential growth, There are thousands of new apartment units recently delivered or planned nearby, supporting sustained demand for residential, retail or mixed-use concepts.
Investment highlights
- Prime Location
- Warehouse conversion/adaptative Re-use opportunity
- Flexible zoning
- Strong residential growth & density drivers
- Affluent, young demographic base
Listing Contacts
Listed by Equity CRE
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