8527 Germantown Ave, Philadelphia, PA 19118
Price
$1,600,000
Building Size
4,575 SF
Zoning
CMX-2.5
Lot Size
0.19 AC
Under Contract
Equity Retail Brokers is pleased to offer the opportunity to purchase a +/- 4,575 SF vacant bank building on approximately 0.19 Acres in Philadelphia, PA. Located at 8527 Germantown Ave, Philadelphia, PA this property sits on the signalized intersection of Germantown Ave & Evergreen St in Phila’s Chestnut Hill Neighborhood. This bustling corridor sees almost 10,000 vehicular ADT and has multiple Septa Bus Routes driving by and stopping daily along with the first/last stop on Septa’s Chestnut Hill East & West Regional Rail Lines. About a block away from the target property is the Septa Chestnut Hill Bus Loop – a depot where 5 different Septa Bus Lines converge and disperse.
The property features roughly 3,225 SF of ground floor space along with about 1,350 SF of mezzanine space, and a basement. There is a 13-car capacity parking lot behind the building, although only 6 of them are owned by the property owner. All these spaces are dedicated to the Chestnut Hill Parking Foundation. This property is being offered in “as-is” condition, and the seller is not obligated to provide property improvements or alterations.
• Chestnut Hill named “one of the top seven urban enclaves in the country” by Forbes.com
• 91 out of 100 neighborhood walkability score
• Easy access to major cities
• Access to many public transportation options
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