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Listed by Desarrie "Real Estate Diva" McDuffie • Coldwell Banker Realty
$499,900
Est. payment /mo
2,520 Sqft Lot
Active
Address not disclosed Philadelphia, PA 19120
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Olney
MLS Listing ID PAPH2634552
Year Built 1940
Available Date 2026-06-26
Annual Tax Amount $3,807
Tax Year 2025
Lot Size 2,520 Sqft
Acres 0.06
Lot Dimensions 21.00 x 121.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Exceptional mixed-use investment opportunity in the heart of Philadelphia's thriving Olney Business District! This prominent commercial property consists of two adjoining buildings, 5408 and 5410 N. 5th Street, totaling approximately 5,219 square feet and offered as a package sale only.
The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income.
The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use).
Additional finished basement space enhances the property's functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential.
Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately.
Don't miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia's busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.
The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space and one apartment is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income.
The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use).
Additional finished basement space enhances the property's functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential.
Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. The funeral home has central air however, not the 2nd floor of the building. 5410 does not have central air.
Don't miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia's busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.
The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income.
The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use).
Additional finished basement space enhances the property's functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential.
Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately.
Don't miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia's busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.
The property features a spacious commercial space on the first floor and two residential apartments on the second floor, creating an attractive income-producing opportunity. The commercial space and one apartment is currently leased by the funeral home tenant for $5,000 per month. One residential apartment is also tenant-occupied and generates $950 per month in rental income.
The commercial level offers an open and flexible layout suitable for a variety of CMX-2.5 permitted uses, including professional offices, educational facilities, religious institutions, childcare centers, medical offices, retail establishments, wellness services, and more (buyer to verify intended use).
Additional finished basement space enhances the property's functionality and expands its usable square footage. Positioned along a high-traffic commercial corridor with excellent visibility, this property presents an outstanding opportunity for investors, owner-users, and developers seeking a versatile asset with existing income and future upside potential.
Please note: The funeral home business currently operating within the property is not included in the sale. The real estate located at 5408 and 5410 N. 5th Street is being sold together as a package and will not be sold separately. The funeral home has central air however, not the 2nd floor of the building. 5410 does not have central air.
Don't miss this rare opportunity to acquire a well-located mixed-use property in one of Philadelphia's busiest commercial corridors. Schedule your private tour today and discover the many possibilities this unique investment has to offer.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Ramp - Main Level
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882928170
Ownership Fee Simple
Acceptable Financing Cash, Private, Conventional
Listing Terms Cash, Private, Conventional
Financing Cash,Private,Conventional
Special Listing Condition Standard
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