SCOPE Commercial Real Estate Services, LLC "SCOPE" has been exclusively retained to over 5230-32 Germantown Avenue, a shovel-ready mixed-use development opportunity, featuring 40 apartments and 800 square feet of commercial space, located in the Germantown neighborhood of Northwest Philadelphia. This development will build on the momentum in Germantown by providing commercial and residential spaces that will benefit the community's continued growth.
5230 Germantown is an approved, shovel-ready development site set on 8,775 square feet of land and qualities for the tax abatement program. This project is being sold with a zoning and building permit in place. Designed by KJO Architecture LLC, prospective buyers are presented with a five-story, 33,250-square-foot building with 800 square feet of ground floor commercial and 40 apartment units. The proposed unit mix includes studios, one-, and two-bedroom apartments along with 14-space bicycle parking and a roof deck. Please consult the deal team for copies of the approved plans.
Germantown, a historic neighborhood in northwest Philadelphia, o?ers a unique blend of rich history, diverse culture, and modern convenience, making it an ideal location for investment. Known for its charming tree-lined streets, parks and green spaces, and well-preserved colonial architecture, Germantown exudes a sense of community and heritage. The area is home to a variety of local shops, cafes, and restaurants, providing residents with a vibrant and walkable lifestyle. Additionally, Germantown boasts excellent public transportation options, including access to multiple Septa Regional Rail lines, making it easy to commute to Center City and other parts of Philadelphia