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283741 N 5th Street,  Philadelphia PA, 19133

(Active)
$349,900
|
4,500 sqft
|
MLS# PAPH2339528
Last Updated: 5/1/2024 9:11 PM
Description for 283741 N 5th Street Philadelphia, PA 19133
Commercial Package Deal in Philadelphia: Introducing a rare opportunity to own a 3 building commercial package deal in Philadelphia, consisting of 3 Store Front businesses that MUST BE sold together. These properties hold immense potential for investors or developers looking to capitalize on a prime location and diverse rental opportunities.- 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.
Price
$349,900
PHILADELPHIA (NORTH)
PHILADELPHIA
4,500 (approx)
PAPH2339528
Active
Description
Commercial Package Deal in Philadelphia: Introducing a rare opportunity to own a 3 building commercial package deal in Philadelphia, consisting of 3 Store Front businesses that MUST BE sold together. These properties hold immense potential for investors or developers looking to capitalize on a prime location and diverse rental opportunities.- 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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.02 Acres 4,500 (approx) 1920
Brick,Brick Veneer
PHILADELPHIA (NORTH)
Public
Public Sewer
Natural Gas Available
Neighborhood
Room Information
Interior Features
Electric Water Heater
Carpet, Wood
Ceiling Fan(s)
Gas Heat, Electric Heating, Forced Air, Baseboard, Hot Water
Storm Door(s)
Smoke Detector(s)
Exterior / Lot Features
On Street
Brick, Brick Trim/Veneer
Community Features
Smoke Detector(s)
Driving Directions
Use gps
Financial Considerations
871525800
$407
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19133 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19133 is $21,975. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19133 is 37 years.

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Courtesy: Quality Real Estate-Broad St
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/1/2024 9:11 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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