3006 Germantown Ave, Philadelphia, PA 19133

$449,900

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List Price
$449,900
Days on Market
36
Status
ACTIVE
MLS#
PAPH2656436
Lot Size (Acres)
0.1
Year Built
1935
County
Philadelphia
School District
Philadelphia City

Property 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.

Additional Information

Area
19133 (19133)
Foreclosure
Yes
School District
Philadelphia City
Heating
Other
Heating Fuel
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Domain Real Estate Group, LLC. Contact: 2154731800

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