Philadelphia, PA 19144,5817-5819 WAYNE AVE
Philadelphia, PA 19144,5817-5819 WAYNE AVE
Philadelphia, PA 19144,5817-5819 WAYNE AVE
Philadelphia, PA 19144,5817-5819 WAYNE AVE
Philadelphia, PA 19144,5817-5819 WAYNE AVE
Philadelphia, PA 19144,5817-5819 WAYNE AVE
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$250,000

$285,000

12.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,920 SqFt


SOLD DATE : 07/11/2024

Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $130

Subdivision Germantown

MLS Listing ID PAPH2263496

Sold Date 07/11/24

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $727

Tax Year 2022

Lot Size 992 Sqft

Acres 0.02

Lot Dimensions 32.00 x 31.00

Property Description

5817 and 5819 Wayne Ave offered at a combined price of $285,000 .Excellent opportunity for owner operator or investor to purchase 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, bars and retail include Ultimo Café, Uncle Boobies, Germantown Espresso Bar, Attic Brewing, Young American Cider, Maker Artisan Pizza, Malelani Café, the Juice Room, Adelie Coffee House, Zsa’s Ice Cream, DOHO Taqueria, the Frosted Fox., Pomelo, Pax Flora Goods, and FarmerJawn Greenery. Neighborhood is in great need of take out / fast casual food options including health-oriented fast casial, pizza, Mexican, Thai, Chinese, Indian, 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.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning CMX2.5

Interior

Hot Water None

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871580770

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert J Metry • Philly Real Estate
Bought with Alyssa Vargas • KW Empower
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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