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16-22 E Wister St 20,334 SF 100% Leased Industrial Building Philadelphia, PA 19144 $639,297 CAD ($31.44 CAD/SF)
Executive Summary
This expansive 14,772 SF commercial flex building is a prime redevelopment opportunity in the heart of Germantown. Located on a 16,625 SF multi-parcel lot, the structure features high-volume warehouse space with a functional loading dock, private parking, and a ramp providing access to substantial underground storage. Positioned directly across from Freedom Square Shopping Center and just steps from the Germantown Avenue corridor, the site benefits from high visibility and proximity to La Salle University, Wayne Junction Station, and local anchors like Uncle Bobbie's Coffee & Books. Zoned CMX-2.5, this property is a versatile "blank canvas" ideal for creative office space, high-capacity storage, or a reimagined retail/event venue. While the building requires maintenance and repairs, it remains structurally sound and provides a high-value canvas for retail or event space conversion. This ideally located asset is priced to sell, offering immense potential for the right investor to revitalize a substantial footprint in a high-traffic area. This property being sold in as-is where-is condition.
Property Facts
| Price | $639,297 CAD | Lot Size | 0.24 AC |
| Price Per SF | $31.44 CAD | Rentable Building Area | 20,334 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1934 |
| Property Subtype | Warehouse | Parking Ratio | 0.39/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | CMX2.5 | ||
| Price | $639,297 CAD |
| Price Per SF | $31.44 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.24 AC |
| Rentable Building Area | 20,334 SF |
| No. Stories | 3 |
| Year Built | 1934 |
| Parking Ratio | 0.39/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | CMX2.5 |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 884341980 | Improvements Assessment | $431,558 CAD |
| Land Assessment | $184,953 CAD | Total Assessment | $616,512 CAD |
Property Taxes
Parcel Number
884341980
Land Assessment
$184,953 CAD
Improvements Assessment
$431,558 CAD
Total Assessment
$616,512 CAD
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16-22 E Wister St
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