1701 Germantown Ave

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1701 Germantown Ave

Philadelphia, PA 19122
Asking Price
$3.20M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial | 12,213 SqFt <p>Size:</p><p>12,213 SF industrial building</p><p>±27,817 SF corner lot</p><p>Frontage:</p><p>Germantown Avenue</p><p>Cecil B. Moore Avenue</p><p>N 4th Street</p><p>Zoning:</p><p>I1 - Light Industrial (City of Philadelphia)</p><p>Outdoor Area:</p><p>Significant surplus of outdoor space rarely found in urban infill</p><p>locations</p><p>Potential Uses:</p><p>Owner-user requiring yard, parking, storage, or operational</p><p>flexibility.</p><p>Equally attractive as a redevelopment opportunity.</p>

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.45%
Monthly Payment
$15,826.907
Annual Cash Flow
$-109,922.879

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