5023 Germantown Ave, Philadelphia, PA 19144

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
5023 Germantown Ave,Philadelphia, PA 19144
$199,000
  • 0.04 Acres
  • Lots / Land
  • Active
Listed by: najada alexandra merdani
Office: keller williams realty
MLS#:PAPH2605882
Source:BRIGHTMLS

Price summary

  • Price:$199,000

About this home

Exceptional investment and development opportunity in one of Philadelphia’s steadily appreciating corridors. 5023 Germantown Ave is a vacant parcel zoned CMX-2, offering significant flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available, with potential zoning bonuses that may allow for increased density—providing an opportunity to maximize returns and overall project value. Strategically located along a high-visibility, high-traffic corridor, the property benefits from strong foot and vehicle exposure, making it well-suited for both residential and commercial end uses. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. Ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer responsible for independent verification of zoning and development potential.

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Home facts

  • Listing ID #:PAPH2605882
  • Added:49 day(s) ago
  • Updated:May 29, 2026 at 01:40 PM

Structure and exterior

  • Lot area:0.04 Acres

Utilities

  • Water:Public Hook-up Available
  • Sewer:Public Hook/Up Avail

Finances and disclosures

  • Price:$199,000
  • Tax amount:$1,289 (2025)

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