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Nick Huynh, Broker
[email protected]
215-868-1480
FOR SALE
$199,000

5731 N 5TH Street
Philadelphia, PA 19120

General Commercial
Commercial
0.04
Acre Lot
Courtesy: Ace Properties LLC, (267) 934-4453
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This mixed-use property located on busy 5th Street in the Olney section of North Philadelphia presents an excellent opportunity for both owner-users and investors. Here's a breakdown of its key features: Situated along a major commercial area, the property benefits from high visibility and foot traffic, which is advantageous for businesses. The property offers a mix of commercial and residential space. The first floor can be utilized as one large office/commercial space or divided into two separate units to accommodate different businesses. This flexibility appeals to a wide range of tenants or businesses. The property has been recently updated, enhancing its appeal and reducing the immediate need for further renovations or repairs. A significant advantage is the presence of private fenced parking for two cars in the backyard. This amenity adds value, especially in urban areas where parking can be scarce. With its strategic location and mixed-use layout, the property presents a promising investment opportunity. It could generate rental income from both commercial and residential tenants. For those looking to establish their business, the property offers the opportunity to own their workspace while potentially generating additional income from the residential unit. The fact that the property will be sold simultaneously with another at 5733 N. 5th Street indicates potential for portfolio expansion or coordinated investment strategies. Seller is a licensed Pa Realtor. Overall, this property's combination of location, flexibility, recent updates, and investment potential makes it an attractive proposition for both business owners and investors in the Philadelphia area
PAPH2290306
General Commercial
PHILADELPHIA
PHILADELPHIA
1945
0.04 Acres
Gas Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ace Properties LLC, (267) 934-4453
This content last refreshed on 4/27/2024 2:15 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.