5023 GERMANTOWN AVE, Philadelphia, PA 19144

Property Description

Exceptional investment and development opportunity in one of Philadelphia’s steadily appreciating corridors. 5023 Germantown Ave is a vacant parcel zoned CMX-2, offering significant flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available, with potential zoning bonuses that may allow for increased density—providing an opportunity to maximize returns and overall project value. Strategically located along a high-visibility, high-traffic corridor, the property benefits from strong foot and vehicle exposure, making it well-suited for both residential and commercial end uses. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. Ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer responsible for independent verification of zoning and development potential.

Listing Status:

Active

Data Last Updated:

May 9, 2026 at 7:19PM

Listing Office:

Keller Williams Realty : 8563211212

Listing Agent:

Najada Alexandra Merdani : 2675775330

MLS ID:

PAPH2605882

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX25871516870
• Current Use: Vacant

Utilities

• Water: Public Hook-up Available
• Sewer: Public Hook/Up Avail

Financial

• Source: BRIGHT_MAIN