4969 Wakefield St, Philadelphia, PA 19144

Unique development opportunity! Ideal for non-profit housing and multi-use. Also has potential for residential development with mixed-use commercial rental income. Property consists of 4969 Wakefield Street and 4962 Baynton Street and currently includes a one, two and three story garage/industrial buildings. Adjacent parcel designated for green space, to be cleared (currently has trees) and can be a playground or park area for usage by tenants. Parking available from both Baynton and Wakefield. Commercial structure that is currently one story can be built up to two or three stories, depending on the usage. Site ideally located in a residential neighborhood between Wakefield and Baynton Street in Germantown. Close to Germantown Avenue with easy access to bus transportation and numerous stores for shopping. Also close to Wayne Junction Regional Rail Station. Boynton entrance directly across from park with a delightful playground. Original buildings contain stone foundations and are wood framed with stucco finishes. Building additions are constructed over concrete slab on grade and are of masonry block construction with steel and wooden roof joists. The roofs are a mix of flat and sloped shingle roofing. Commercial spaces currently rented out with for a total of $2,340 month ($1,000, $840 and $500).