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Gateway Plaza 5140 Germantown Ave & 15 South Ashmead Pl 20,900 SF 100% Leased Retail Building Philadelphia, PA 19144 For Sale
INVESTMENT HIGHLIGHTS
- Dual frontage on Germantown Pike and Ashmead Place enhances visibility
- Stable income from national and institutional tenants with long-term leases
- Proximity to major institutions supports long-term growth and demand
- CMX2.5 zoning allows for retail, multifamily, or mixed-use redevelopment
- Immediate access to Roosevelt Blvd, I-76, I-95, and SEPTA transit
EXECUTIVE SUMMARY
5140 Germantown Avenue and 15 South Ashmead Place present a unique opportunity for investors and developers to acquire a strategically positioned property in the heart of Germantown, Northwest Philadelphia, a submarket that continues to see steady revitalization and growing investor interest. The combined offering includes a 20,900-square-foot building situated on approximately 1.53 acres, with prominent dual frontage of 160 feet along Germantown Pike and 139 feet along South Ashmead Place. Zoned CMX2.5 (Neighborhood Commercial Mixed-Use), the property provides flexibility for a variety of redevelopment strategies, including retail, multifamily, or mixed-use projects, and is supported by an estimated 2025 real estate tax obligation of $18,452.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,900 SF
Building Class
B
Year Built
1935
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
1.53 AC
Zoning
CMX2.5 - CMX2.5 zoning allows Neighborhood Commercial Mixed-Use
Frontage
160’ on Germantown Ave
AMENITIES
- Signage
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 882038150 | Improvements Assessment | $1,414,612 CAD |
| Land Assessment | $353,653 CAD | Total Assessment | $1,768,265 CAD |
PROPERTY TAXES
Parcel Number
882038150
Land Assessment
$353,653 CAD
Improvements Assessment
$1,414,612 CAD
Total Assessment
$1,768,265 CAD
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Gateway Plaza | 5140 Germantown Ave & 15 South Ashmead Pl
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