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±10,000 SF Redevelopment Opportunity

±10,000 SF Redevelopment Opportunity

1301-03 & 1305 Germantown Ave, Philadelphia, PA

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PROPERTY DETAILS

Price

$2,000,000

Price (1301-03 Germantown Ave)

$1,200,000

Price (1305 Germantown Ave)

$800,000

Total SF

9,996 SF

Lot Size

5,751 SF

Market Description

Equity CRE presents 1301-03 & 1306 Germantown Avenue, a rare opportunity to acquire a warehouse-to-retail/mixed-use conversion. The combined assemblage is located steps away from Northern Liberties in Olde Kensington, one of Philadelphia’s fastest growing urban submarkets. The offering consists of two adjacent properties totaling approximately 9,996 SF of building area on 4,751 SF of land, with the ability to combine the buildings, creating flexibility for investors, users or developers.

The surrounding area is experiencing significant residential growth. There are thousands of new apartment units recently delivered or planned nearby, supporting sustained demand for residential, retail or mixed-use concepts.

Investment Highlights

  • Prime Location: Situated along Germantown Avenue in the heart of Olde Kensington, the property benefits from immediate proximity to Northern Liberties & Fishtown, two of Philadelphia’s most active & desirable mixed-use neighborhoods.
  • Warehouse Conversion/Adaptive Reuse Opportunity: The offering consists of two adjacent warehouse-style buildings that can be combined, creating a highly flexible footprint suitable for retail, creative office, showroom, residential or mixed-use conversion.
  • Flexible Zoning: The assemblage features RSA-5 zoning (1301-05 Germantown Ave) & ICMX zoning (1305 Germantown Ave), providing investors with multiple redevelopment pathways and long-term optionality.
  • Strong Residential Growth & Density Drivers: The surrounding trade area is experiencing significant residential development, with thousands of new apartment units delivered or planned nearby-supporting long-term demand for retail, service & experiential use.
  • Affluent, Young Demographic Base: Average household incomes exceed $95,000 within a 1/2 mile radius, paired with a young population profile, making the location highly attractive to retailers, hospitality users & mixed-use developers

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