6516 GERMANTOWN AVE Pending

Philadelphia,PA 19119

$ 1425000

- Bed

- Bath

5555 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,555 sqft

Price per Sqft $256

Subdivision Mt Airy

MLS Listing ID PAPH2437066

Year Built 1925

Annual Tax Amount $2,508

Tax Year 2024

Property Sub-Type Other

Property Description

Introducing 6516 Germantown Avenue in West Mount Airy (Philadelphia, PA) — a brand new mixed-use asset located on the quaint cobbles in one of Philly's most coveted historic districts with high barriers to entry. Investment Highlights: New Construction Multifamily Investment • Exceptional Dual-Corner Presence, Command, Curb Appeal • Ground Floor Destination Restaurant (Brick Oven Pizzeria) • Three (3) Spaciously Appointed Luxury Apartments • 69' Frontage on Germantown Avenue (area's main commercial corridor) • Sweeping Panoramic Rooftop Terrace • 10 Year Tax Abatement • 6.8% Pro Forma Cap • Access to Multiple Septa Train Stations, Germantown and Chestnut Hill (Shopping and Dining Districts) • Access to Parks, Country Clubs, Green Spaces + more

Location

State PA

County Philadelphia

Area 19119 (19119)

Zoning CMX2

Interior

Hot Water Electric

Heating Wall Unit

Cooling Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Exterior

Water Access N

View City,Trees/Woods,Valley

Roof Type Fiberglass

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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