Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.07

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

Financial

  • Sales Price

    $1,550,000

  • Tax Amount

    12031.0

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Location

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PHILADELPHIA

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Listing Courtesy of Francis X O'Donnell , BHHS Fox & Roach-Chestnut Hill

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

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For over 120 years this three Story Jacobean-Tudor Revival Building has only been owned by two  families but home to many a thriving business and residential tenant.  Henry Houston's vision that this building be placed at such a prominent point within the commercial district was to make a statement of permanence and success.  Designed by Architect George T. Pearson who (Bldgs at Phila Cricket Club). Built in 1892 and became home to the Streepers and their Apothecary.  The exterior of the  building consists of locally ored Wissahickon Schist and Tudor Style half timbering on the upper levels The roof  is gabled with slate shingles.  The first floor is 2100 sq ft of dynamic retail.  The arched windows are a retailers dream.  Bathroom is  ADA approved.  First floor includes large closet and office area.  Two full basements allow for storage or additional office space.  The basement storage area can be accessed from Evergreen for easy deliveries. Also a three car detached  garage in the rear off Evergreen.  The first floor apartment has  separate entrance on Evergreen.  As you enter the hardwood foyer with an additional foyer sitting area on upper level  that features a faux fireplace and exterior covered porch.  The apartment has hardwood floors as well throughout the bedroom, living room, and dining room.  Both the living room and dining  room are accented with Large Bay windows. The large eat in kitchen is complemented by a generous pantry  storage area, as well as, tucked away laundry area.  The full shower over tub bath is decorated with ornate wainscot and ceramic tile floor.  The third level apartment flooring is painted pine throughout the large foyer area, living room and bedroom.  There is also a full shower over tub bath and bright and cheery kitchen.  There is a large attic for storage or could be converted into additional living  space. Units are separately metered for gas and electric.  The first floor prime retail space is immediately available and the upper levels leases  are up soon.  As the new owner of this one of a kind building you could open your dream business on the best corner in Chestnut Hill & collect rents from your residential tenants on the upper two levels or  convert  the upstairs to your new townhome on the Avenue - as it was originally built back in 1892.  As  the new owner of the unique building you could make both history and income.

8532 GERMANTOWN AVENUE

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