2837-41 N 5TH ST Philadelphia, PA 19133
UPDATED:
10/28/2024 09:35 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $66
Subdivision Philadelphia (North)
MLS Listing ID PAPH2339528
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $407
Tax Year 2008
Lot Size 937 Sqft
Acres 0.02
Property Description
- 2837 Store Front: Currently leased to an attorney's office, generating a monthly rental income of $800. This established tenant adds stability to the investment portfolio.
- 2839 Store Front: Previously operated as a beauty supply store, this space is currently vacant, offering a blank canvas for a new business venture.
- 2841 Store Front: Formerly used as an art gallery, this storefront is also vacant, providing flexibility for a variety of commercial uses.
All 3 parcels feature a unique layout where the second floor has been opened up to create a single-family 3 bedroom apartment, adding residential income potential to the mix. The possibilities for redevelopment are endless, with the chance to maximize the property's value and appeal to a diverse range of tenants.
Located on a high-traffic block with over 30,000 vehicles passing by daily, these properties offer excellent visibility and exposure for businesses. The owner, who has held these buildings for over 40 years, has a successful track record with previous businesses, including a meat market, food market, and various storefront enterprises.
Zoned CMX 2.5, these properties offer flexibility in terms of permitted uses and development options. The motivated seller is ready to negotiate a deal that aligns with your investment goals. Don't miss out on this rare opportunity to acquire a commercial package deal with significant potential in Philadelphia. Schedule your appt today to learn more and schedule a viewing.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning C2
Interior
Hot Water Electric, Natural Gas
Heating Hot Water, Forced Air, Baseboard - Electric
Cooling Ceiling Fan(s)
Flooring Tile/Brick, Wood, Carpet, Other
Inclusions Stove
Equipment None
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Natural Gas Available, Electric Available
Waterfront N
Water Access N
Roof Type Flat
Street Surface Other
Accessibility 2+ Access Exits, 32\"+ wide Doors, Other
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871525800
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Non-Monitored,Security Gate,Smoke Detector,Window Grills
Acceptable Financing Other, Cash, Conventional
Listing Terms Other, Cash, Conventional
Financing Other,Cash,Conventional
Special Listing Condition Standard
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