4230 Germantown Ave, Philadelphia, PA 19140

Property Description

Excellent opportunity to own an extensively renovated, approximately 3,840 square foot commercial building along Germantown Avenue in Philadelphia! This versatile three-story property offers substantial above-grade space, plus an additional unfinished basement ideal for storage, making it an attractive opportunity for owner-users, value-add investors, and businesses seeking room to grow. The building has undergone extensive renovations and offers an updated, flexible layout that can accommodate a variety of potential uses. The property features three HVAC systems, three restrooms, a sprinkler system, and generously sized areas across all three floors. One of the property's most attractive features is its flexibility for both commercial and mixed-use investment opportunities. An owner or investor could explore leasing the entire building to a single commercial tenant, potentially under a long-term triple-net lease, or take advantage of the CMX-2 zoning to pursue a mixed-use configuration with commercial space on the ground floor and residential apartments above. Upper-floor residential uses are generally permitted by right under CMX-2 zoning. With approximately 2,000 square feet across the finished upper floors, buyers could explore creating one, two, or potentially three residential apartments while retaining commercial space on the first floor. Because the building is already extensively renovated, its existing condition may provide an attractive starting point for a conversion compared to a property requiring a complete gut renovation. This flexibility creates an opportunity for investors to explore multiple income streams and different long-term investment strategies. The property is also well suited for an owner-user or larger commercial tenant seeking substantial space under one roof. Potential uses include professional offices, retail businesses, nonprofit organizations, community service providers, educational or childcare facilities, and other commercial uses, subject to applicable zoning requirements and approvals. Located along the established Germantown Avenue commercial corridor, just a few blocks from Roosevelt Boulevard, the property provides convenient access to surrounding residential neighborhoods, local businesses, public transportation, and major roadways. Whether you're looking for a headquarters for your business, a single-tenant commercial investment, or a property with the potential for a mixed-use residential and commercial configuration, 4230 Germantown Avenue offers an excellent combination of size, condition, and versatility. Contact the listing agent for additional information or to schedule a private showing!