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5817 Wayne Avenue

Philadelphia PA 19144

2880 sq. ft.
506 sq. ft.
Other
Currently for sale - view listing

Overview

5817 and 5819 Wayne Ave offered at a combined price of $299,900.Excellent opportunity for owner or operator or investor to purchase a 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, and bars include Ultimo Caf?, Uncle Boobies, Germantown Espresso Bar, Attic Brewing, Young American Cider, Maker Artisan Pizza, Malelani Caf?, Juice Room, Jansen, Zsa?s Ice Cream, and the Frosted Fox. Neighborhood is in great need of take out / fast casual food options including pizza, Mexican, Thai, Chinese, Indian, sandwiiches, bakery, etc. Could also be great space for hair or nail salon, office, retail, 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.

Features

2880 sq. ft. floor area
506 sq. ft. lot size
Other

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Local market activity for other properties in Philadelphia

In the last 12 months, 12 other properties similar to 5817 Wayne Avenue, have been sold.

This represents a 27% increase in other properties sales when compared to the previous 12 months.

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