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Listed by Victoria Maslennikov • Tesla Realty Group, LLC
$59,000
Est. payment /mo
511 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2686712
HOA Y/N N
Annual Tax Amount $261
Tax Year 2026
Lot Size 511 Sqft
Acres 0.01
Property Sub-Type Land
Source BRIGHT
Property 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.
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.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX25
Exterior
Water Access N
Garage N
Building
Sewer Other
Water Other
Schools
School District Philadelphia City
Others
Tax ID 593193000
Ownership Fee Simple
Special Listing Condition Standard
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