4705 Stenton Ave, Philadelphia, PA 19144

$2,990,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,990,000
Days on Market
0
MLS#
PAPH2636376
Status
ACTIVE
Type
Commercial
Year Built
1978
County
Philadelphia
Region
19144 (19144)

Property Description

Rare crane-served industrial investment opportunity in Philadelphia's Germantown/Wayne Junction submarket. This 39,000 SF, two-building complex sits on a 39,900 SF (approximately 0.92-acre) lot at 4705-15 Stenton Avenue, zoned ICMX (Industrial Commercial Mixed-Use). The 33,000 SF, three-story industrial building features a P&H Hevi-Lift overhead crane, bow-truss ceilings, column-free spans, a 12-foot-clear drive-in door, one dock leveler, heavy industrial power, and concrete heavy-load floors. A separate, fully built-out 6,000 SF two-story office building and a detached 800 SF garage/storage structure complete the site, along with nine on-site parking spaces. The property is 100% leased to a single tenant on a triple-net-style lease, generating $198,000 in annual income at an approximate 6.60% cap rate ($76.90/SF). The tenant has invested approximately $500,000 of its own capital into the space, with roughly two years remaining on the lease term plus a five-year renewal option. Rail-adjacent and minutes from the Wayne Junction SEPTA hub, with quick access to I-76 and Roosevelt Boulevard. Approximately six miles from PhilaPort and fifteen miles from Philadelphia International Airport. Public water and sewer, PECO electric service, and a PGW gas main on Stenton Avenue. Built in 1935 of masonry and heavy timber construction. Fee simple, clean title. Suitable for net-lease investors, owner-user manufacturers, distribution operators, or developers considering ICMX adaptive reuse. Full financials available upon request.

Additional Information

Acres
0.82
Lot Size
35,719
Cooling
Central A/C
Heating
None
Taxes
$37,924

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Contact: 8562401072