$ 499,900
-
$499,900
Price -
0.06
Acre
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About the Listing CBPREOC - 3131397
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Commercial Sale
MLS ®
PAPH2634552
Year Built
1940
Lot/Acreage
0.06
Interior Details
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 21.00 x 121.00
- Zoning: CMX25
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,807
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
Listing PAPH2634552 Philadelphia, PA 19120
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