Description
Best value opportunity along the Germantown Avenue corridor! This unique offering includes 3 combined parcels currently operating as a church, presenting an exceptional chance for investors, developers, or visionaries seeking their next value-add project. With substantial square footage over 9000 sqft and 3 existing levels, the property offers a strong foundation for renovation, adaptive reuse, or repositioning to maximize income potential. Come in for it's highest and best use of mixed-use redevelopment, with multi-commercial spaces at ground level and apartment building at top OR keep it's current layout as a house of worship, event space or other stand alone business model. Decide to subdivide lots for 3 different opportunities or keep as-is. This building has a recent appraisal at $635,000 AS-IS underscores the value being presented, creating an opportunity for the next owner to secure a large footprint with significant upside. Bring your plans and your vision. Properties with this scale, location, and potential don’t come around often. Property is being sold as-is. Zoning noted as CMX2; buyer responsible for verifying all zoning details, permitted uses, and development potential with the City of Philadelphia. Easy to Show.
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Description
Best value opportunity along the Germantown Avenue corridor! This unique offering includes 3 combined parcels currently operating as a church, presenting an exceptional chance for investors, developers, or visionaries seeking their next value-add project. With substantial square footage over 9000 sqft and 3 existing levels, the property offers a strong foundation for renovation, adaptive reuse, or repositioning to maximize income potential. Come in for it's highest and best use of mixed-use redevelopment, with multi-commercial spaces at ground level and apartment building at top OR keep it's current layout as a house of worship, event space or other stand alone business model. Decide to subdivide lots for 3 different opportunities or keep as-is. This building has a recent appraisal at $635,000 AS-IS underscores the value being presented, creating an opportunity for the next owner to secure a large footprint with significant upside. Bring your plans and your vision. Properties with this scale, location, and potential don’t come around often. Property is being sold as-is. Zoning noted as CMX2; buyer responsible for verifying all zoning details, permitted uses, and development potential with the City of Philadelphia. Easy to Show.
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