Owner-User or Investor Opportunity
5604 1/2 Chew Ave, Philadelphia, PA 19138
Asking Price: $225,000
Mixed-Use Building | Income + Upside | High-Traffic Location
Property Overview
This two-story mixed-use property in Philadelphia’s East Germantown neighborhood offers a rare opportunity: a fully vacant building with a commercial space that’s already built out, ready for an owner-occupant, owner-operator, or investor to configure from day one.
Located in Philadelphia’s East Germantown neighborhood, the property includes one commercial storefront and one residential unit.
- Commercial Unit: Vacant, with existing improvements and build-out from the previous tenant already in place. Market rent comps support ~$1,800/month.
- Residential Unit: Currently vacant with projected rent of ~$1,400/month
This setup is ideal for an owner-occupant running their business on the ground floor while leasing out the apartment above, or an investor looking to lease both units at current market rates without the cost of a fresh build-out.
- Projected Monthly Income (Fully Leased): $3,200
- Projected Annual Gross Income: $38,400
Lot Size: 17’ x 70’ (1,190 sq. ft.)
Building Size: 2,223 sq. ft.
Zoning: CMX1 (Commercial Mixed-Use)
Construction: Masonry
Annual Trash $500
Annual Property Tax $1,212.60
Investment Highlights
- Move-In Ready Commercial Space: Previous tenant’s improvements and build-out remain in place, reducing setup costs for the next owner-occupant or tenant
- Owner-User Opportunity: Run your business on the ground floor and generate rental income from the apartment above
- Flexible Vacant Possession: No existing leases to work around — set your own terms, tenants, and rents from day one
- Growing Neighborhood: East Germantown is experiencing redevelopment and rising property values
- Accessible Location: Close to US-1, PA-611, I-76, and PA-309, with easy access to Center City Philadelphia and surrounding areas
Unit Breakdown
Commercial Unit (Ground Floor)
- Current Status: Vacant, delivered with existing build-out and tenant improvements in place
- Market Rent: ~$1,800/month (based on comparable commercial leases in the area)
- Ideal For: Owner-occupant business, or investor leasing to a new commercial tenant with minimal setup cost
Residential Unit (Second Floor)
Current Status: Vacant
Projected Rent: $1400
Ideal for Investors: Strong Rental Market: High demand for affordable residential rentals in the area
