$250,000
$285,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
1,920 SqFt
SOLD DATE : 07/11/2024
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $130
Subdivision Germantown
MLS Listing ID PAPH2263496
Sold Date 07/11/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $727
Tax Year 2022
Lot Size 992 Sqft
Acres 0.02
Lot Dimensions 32.00 x 31.00
Property Description
5817 and 5819 Wayne Ave offered at a combined price of $285,000 .Excellent opportunity for owner operator or investor to purchase 2 solid mixed use properties on an excellent Germantown block. 2 separately deeded buildings currently opened to each other but easy to put dividing wall if preferred. Last use was take out Chinese restaurant on 1st floor and apartments on the 2nd floor. Could potentially be 1 or 2 commercial units on 1st floor and 1 or 2 apartments or commercial use on the 2nd floor. Steps away from Ultimo Cafe which is one of the primary gathering places in the neighborhood. Also near Waldorf School, Germantown Friends, Alden Park apartments and several under construction apartment buildings on Chelten and Germantown Aves.
Other successful nearby restaurants, cafes, bars and retail include Ultimo Café, Uncle Boobies, Germantown Espresso Bar, Attic Brewing, Young American Cider, Maker Artisan Pizza, Malelani Café, the Juice Room, Adelie Coffee House, Zsa’s Ice Cream, DOHO Taqueria, the Frosted Fox., Pomelo, Pax Flora Goods, and FarmerJawn Greenery. Neighborhood is in great need of take out / fast casual food options including health-oriented fast casial, pizza, Mexican, Thai, Chinese, Indian, etc. Apartments also in high demand. Ample street parking across the street and potential for sidewalk seating.
Easy access to bus and regional rail lines as well as Germantown and Mt. Airy attractions. One of the most proudly diverse and historical zip codes in the nation with easy access to some of the regions best outdoor areas including the Wissahickon Valley Park /hiking and biking trails, Pastorious Park, Carpenters Woods, Cresheim Valley and much more. Listing agent has ownership interest in property. 2023 Real Estate Tax for both properties only $1,520. Listing agent has ownership interest in properties.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX2.5
Interior
Hot Water None
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871580770
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Alyssa Vargas • KW Empower
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "