• 4 Units
• 4,278 Sq Ft
• 4,802 Sq Ft
• Unknown Cap Rate

Description

Prime Opportunity in Historic Germantown – Zoned CMX-2.5 for Versatile Mixed-Use!
5-car parking lot. Across the street from beautiful Market Square Park. Elevate your portfolio with this standout property on iconic Germantown Avenue, a bustling corridor in one of Philadelphia's most revitalized historic districts. Zoned CMX 2.5, this versatile space supports a wide array of uses, including rentals, professional offices, retail, residential or additional office suites, or multiple other uses. Germantown's vibrant community and shopping corridor, with its rich history, Quaker heritage, Underground Railroad landmarks, and proximity to Mt. Airy, Chestnut Hill, Manayunk, Roxborough, Fairmount Park and more, draws residents and the public seeking a walkable, culturally rich environment. A direct commute -- 6 miles -- to downtown Philadelphia. Enjoy seamless SEPTA public transportation, Regional Rail access and easy I-76 and Lincoln and Kelly Drive connectivity.

#### Key Property Features:
- **Flexible Layout for Build-Out:** Expansive floor plan across two levels, with high ceilings, abundant natural light from large windows, and a finished lower level & third floor for storage, shared common space or living space. Current configuration includes flexible room nooks and a reception area, primed for custom partitioning to suit modern needs (currently set up for 10-12 rooms plus open common collaborative spaces).
- **Prime Street-Level Presence:** Wide frontage on Germantown Avenue ensures high visibility and foot traffic from nearby cafes, shops, and community hubs. Build to the lot line per CMX-2.5 standards for maximum retail/office synergy.
- **Outdoor 5-Car Parking (fits up to 5 vehicles), plus abundant street parking.
- Currently rents to 1 long-term tenant (dental office).

#### Zoning & Development Advantages (CMX-2.5):
Under Philadelphia's Zoning Code, CMX-2.5 is designed for active neighborhood commercial corridors like Germantown Avenue, promoting pedestrian-friendly mixed-use developments. Key allowances include:
- **Commercial Uses:** Offices, retail, personal services, and restaurants by right – no special approvals needed for standard office operations.
- **Residential Integration:** Dwelling units to enabling live-work setups or rental income.

#### Location & Market Perks:
- **Walkable Germantown Hub:** Steps from Chelten Avenue Station (SEPTA), trendy businesses, and cultural sites like the Cliveden Estate. Attract renters with proximity to Germantown Friends School and Wissahickon Charter, and other educational institutions such as Drexel University College of Medicine, Thomas Jefferson University - East Falls Campus (Philadelphia University), LaSalle University.
- **Transit & Accessibility:** Quick commute to Center City; bike lanes and bus routes enhance eco-friendly appeal for modern tenants.