New Listing
5821 Wayne Ave,PHILADELPHIA, PA 19144
PHILADELPHIA, PA 19144
Description
Vacant lot on the Wayne Avenue commercial corridor in historic Germantown, with zoning approved for a mixed-use building: one ground-floor commercial space and one apartment with a mezzanine. Complete construction drawings have been prepared and are moving through the L&I permitting process, and the property will be sold with the building permit. The buyer inherits a finished, zoning-compliant design package, with no time or capital spent on architecture, engineering, or the approval cycle, and goes from permit issuance straight to groundbreaking. Permit issuance fees are the buyer's responsibility at settlement. The site is transit-oriented, with shopping within walking distance. Ultimo Coffee, one of the corridor's busiest spots, is on the next block and brings steady foot traffic to the street. Commercial space on this stretch is in demand, which makes it easy to lease the ground floor, while the mezzanine apartment adds a residential income stream. It works either as a build-and-hold for an owner-operator or as a stabilized two-unit asset to sell. Plans and permit documentation available upon request. Serious inquiries welcome.
Details
| MLS # | PAPH2686712 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 1 |
| Listing Provided By | Tesla Realty Group, LLC | Victoria Maslennikov |
Features
| Basement | Y |
|---|---|
| Zoning | CMX25 |
| Acreage | 0.01 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 261 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19144) | |
Price: $59,000 low | high Med: $154,950 On site: 1 low | high Med: 53.5 | |
Market Activity 19144
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19144) | |
Price: $59,000 low | high Med: $154,950 On site: 1 low | high Med: 53.5 | |
