Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.3

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,500,000

  • Tax Amount

    9851.0

  • Zoning

    CMX2 allows for mix use

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Peter I Abdallah , Keller Williams Premier

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.


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An excellent opportunity to own a two-unit commercial property on a single deed, ideally positioned in a high-traffic corridor just steps from one of Philadelphia’s major medical centers.
Property Highlights:
Two Separate Commercial Units:
±9,000 SF former thrift store with large open retail layout, expansive display windows, and rear loading access.
±1,000 SF unit currently leased to a nail salon.
Frontage: Approx. 72 feet along busy Germantown Avenue, a key commercial corridor.
Rear Access: Property extends to N. Watts Street with:
Loading area and 4–5 parking spaces
Zoning:
CMX-2 – allows for mixed-use development, including retail, residential, and office use.
Up to 38 feet build height by right – ideal for vertical expansion or redevelopment.
Strategic Location:
Located just 400 feet from Temple University Hospital, Shriners Hospital for Children, and Temple’s emergency and trauma center.
The hospital campus wraps around the rear of the property, enhancing its value and visibility for medical, professional, or service-oriented tenants.
Surrounded by new residential and commercial developments, creating strong long-term demand.
Investment Potential:
With one income-producing tenant in place and the ±9,000 SF space currently vacant, this property offers immediate upside for:
Owner-users looking to occupy and generate supplemental rental income
Investors seeking value-add or redevelopment opportunities
Medical or institutional buyers looking to expand near Temple Hospital

3530-3536 GERMANTOWN AVENUE

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Unlock the potential of this rare 10-unit multifamily gem, a prime value-add investment offering immediate cash flow and long-term appreciation in Northeast Philadelphia’s high-demand rental market. Featuring ten well-designed 1-bedroom units, each 500 sq. ft. with a living room, eat-in kitchen, bedroom, and full bathroom with a tub, this property presents an exceptional opportunity for investors. With five vacant units and five current tenants paying below-market rents and leases up between July and September, the potential to increase cash flow is immediate, with market rents projected at $1,440 per unit, generating up to $14,000+ in monthly rental income. Whether you choose to modernize units with light cosmetic updates or take advantage of guaranteed Section 8 rental income, this property is an ideal high-yield investment. Offered at $1.4M with a current 7% cap rate, and the potential of a 10.67% cap rate along with low annual taxes under $6,000, this asset is positioned for strong equity growth. Sitting on a spacious 0.2-acre lot with 4,600+ sq. ft. of interior space, this property provides incredible expansion potential, including the ability to add a third floor for additional units or utilize the side and backyard for off-street parking, a play area, or premium tenant amenities. Strategically located near major transit, Roosevelt Blvd’s shopping district, the Navy Yard, and top employment hubs, tenant demand remains strong, ensuring consistent occupancy and long-term profitability. Whether you're looking to renovate, reposition, or expand, this property is a rare opportunity to maximize returns and build equity in a thriving rental market.  Expenses and rent roll available upon request. 
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Prime Location & Convenience:

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Unmatched Functionality & Versatility:

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Property Highlights

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Unmatched Versatility

This property offers endless possibilities under its RM-1 zoning with special exceptions. Whether you're envisioning a thriving educational institution, a nurturing daycare center, or a modern multi-family complex, this space can accommodate your most ambitious projects.

Strategic Location Advantage

Situated on a vibrant corner with expansive frontage, this property commands attention and ensures high visibility. The impressive 93-foot frontage on Lehigh Ave provides ample opportunity for creative façade design and multiple access points, making it a standout in the neighborhood.

Proven Community Asset

Currently home to the renowned Lighthouse Early Childhood Education program, this property has a proven track record as a valuable community resource. Continue its legacy or reimagine the space to meet evolving neighborhood needs, tapping into an established market.

Investment Potential Unleashed

With its generous square footage and adaptable zoning, this property presents a unique opportunity for investors looking to make a significant impact in Philadelphia's real estate market. The flexible RM-1 zoning with special exceptions opens doors to various lucrative ventures, from educational institutions to multi-family developments.

A Canvas for Your Vision

Educational Excellence
Transform this space into a state-of-the-art school or expand existing educational programs. The ample square footage allows for spacious classrooms, modern facilities, and dedicated areas for specialized learning.

Nurturing Daycare Center
Create a warm and welcoming environment for children with a cutting-edge daycare facility. The property's layout is ideal for designing safe, engaging spaces that cater to early childhood development.

Multi-Family Marvel
Capitalize on the growing demand for urban living by converting this property into a multi-family residential complex. The generous space allows for creative unit designs and shared amenities that will attract a diverse range of tenants.

Institutional Innovation
Establish a community center, healthcare facility, or non-profit headquarters. The property's size and location make it perfect for institutions seeking to make a lasting impact on the neighborhood.

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A Smart Investment
In today's competitive real estate market, properties with this level of versatility and potential are rare. The combination of size, location, and zoning flexibility positions this property as a smart investment with multiple pathways to profitability.

Seize the Opportunity
Don't let this chance to own a piece of Philadelphia with unlimited potential slip away. This property is more than just a building – it's a canvas for your entrepreneurial vision and a gateway to community impact.

Schedule Your Viewing Today
Experience the possibilities firsthand. Our team is ready to guide you through this exceptional property and help you explore its vast potential. Contact us now to arrange a comprehensive tour and take the first step towards your next successful venture.

The Numbers Speak for Themselves

- Total Usable Area: 18,720 square feet
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None Beds

None Baths

N/A

$1,789,999

MLS#: PAPH2446154

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