Property

Philadelphia, PA 19133 2837-41 N 5Th Street

Pending
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Presented By: Quality Real Estate-Broad St
  • MLS# PAPH2339528
  • 04/04/2024
  • Request Tour
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  • SQFT • 1,060

Home Details

HUGE PRICE REDUCTION! 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.
Presented By: Quality Real Estate-Broad St

Interior Features for 2837-41 N 5Th Street

Bathrooms

Total Restrooms4

Other Interior Features

Central Air Y/NNo
FlooringTile/Brick, Wood, Carpet, Other
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric, Natural Gas

General for 2837-41 N 5Th Street

Acceptable FinancingOther, Cash, Conventional
Accessibility2+ Access Exits, 32 + wide Doors, Other
Association Recreation FeeN
Business TypeApartment Building, Hair Salon and Spa, Other/General Retail, Professional, Shopping Center, Supermarket/Grocery Store, Other
CityPHILADELPHIA
Construction MaterialsCPVC/PVC, Copper Plumbing, Brick, Brick Front, Other
Cool FuelElectric
CoolingCeiling Fan(s)
CountyPHILADELPHIA
DirectionsUse gps
DisclosuresProp Disclosure
Electric100 Amp Service, 200+ Amp Service
ExclusionsAll sellers and tenants personal belongings
HeatingHot Water, Forced Air, Baseboard - Electric
Historic Y/NNo
Lease Considered Y/NNo
Lot Size Square Feet937.00
Lot Size UnitsSquare Feet
MLS Area19133 (19133)
ModificationTimestamp2024-10-30T18:48:36
MunicipalityPHILADELPHIA
New ConstructionNo
OwnerPaysWater, Trash Collection, Taxes - Real Estate, Snow Removal, Sewer Maintenance, Sewer, Repairs, Pest Control, Heat, Gas, Electricity, All Utilities
Percent OwnershipFee Simple
PossessionImmediate, 0-30 Days CD, Settlement
Possible UseApartment Building, Apartments, Barber/Beauty, Beer/Wine/Liquor, Church, Clothing, Commercial, Convenience Store, Day Care, Development, Dry Cleaner, Financial, Florist/Nursery, Flex Space, Food & Beverage, Food Ma
Price Per Sq Ft Total AG66.44
Property ConditionGood, Average
Property SubTypeMixed Use
Property TypeCommercial Sale
Property UseOwner User
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Non-Monitored, Security Gate, Smoke Detector, Window Grills
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Subdivision NamePHILADELPHIA (NORTH)
Tax Annual Amount407.0
Tax Assessed Value4928.0
Tax Lot199
Tax Year2008
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
UtilitiesWater Available, Natural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningC2

Exterior for 2837-41 N 5Th Street

Building Area Total4500.00
Car Parking Spaces
Door FeaturesStorm
Fencing Y/NN
Foundation DetailsConcrete Perimeter
InclusionsStove
Land Assessed Value761.00
Land Use CodeY30
Lot Size Acres0.02
Lot Size SourceEstimated
Navigable Water Y/NNo
Other EquipmentNone
Road Surface TypeOther
Total Loading Docks0
Total Parking Spaces0
Traffic CountGreater than 30000
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Chris Correira

Loan Officer
Price $299,000
MLS#PAPH2339528
List Date 04/04/2024
Property Type Pending
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