COMMERCIAL TENANT IN PLACE. 310 and 308 JEFFERSON ST LOTS BESIDE PROPERTY ARE INCLUDED IN SALE PRICE. The first floor daycare is leased through May 2025, currently paying $1950/month. All other tenants are month-to-month! The after repair value of this property cannot be overstated. Local rents are averaging $1500/month on the low end. This is an exceptionally located mixed-use commercial property situated in highly sought-after Fishtown - a five minute walk to Northern Liberties. Capitalize on this incredible investment opportunity with residential apartments on the 2nd and 3rd floors and a well-established commercial space on the first floor, which is currently operating as a daycare. Two half baths and a kitchenette are in place on this level. The residential units in the upper levels of the building all require updating. Tons of nearby businesses and restaurants give this property excellent visibility and foot traffic, presenting endless possibilities for any commercial space. Included in the price of this property are two adjacent parcels of land at 310 and 308 Jefferson Sts, which provide additional space for potential expansion, future development, or alternative uses. These parcels offer immense value and flexibility for a savvy investor, adding an additional 1000+ square feet to the size of the property. Total lot size and sqft in listing reflects all three parcels. Please note building is currently fully occupied with tenants. Property is eligible for Philadelphia's C-PACE Financing (over 100k) for clean energy projects.
Sold for $470,000 on 12/23/24
$470,000
1441 Germantown Ave, Philadelphia, PA 19122
4beds
4baths
3,648sqft
Retail
Built in 1875
-- sqft lot
$595,300 Zestimate®
$129/sqft
$2,697 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 24, 2024 at 01:27am
Listed by:
Victoria Adan 267-574-3221,
OCF Realty LLC - Philadelphia
Bought with:
NON MEMBER
Non Subscribing Office
Source: Bright MLS,MLS#: PAPH2369250

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Basement
- Area: 0
Heating
- Wall Unit, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Tile/Brick, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,648
- Total interior livable area: 3,648 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,613 sqft
- Dimensions: 21.00 x 81.00
- Features: Corner Lot, Additional Lot(s), Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871524410
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Retail
Materials
- Masonry
- Foundation: Slab
- Roof: Pitched
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Electricity Available, Phone
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,Negotiable,FHA,Conventional
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$595,300
2% more+ $11,906
With Zillow Showcase(estimated)
$607,206