Philadelphia, PA 19122,1200 N 5TH ST
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$ 1,350,000
Est. payment | /mo

4,220 SqFt


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$ 1,350,000
Est. payment | /mo
Save

4,220 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,220 sqft

Price per Sqft $319

MLS Listing ID PAPH2410874

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $3,784

Tax Year 2024

Lot Dimensions 20.00 x 78.00

Property Description

1200 N 5th St. is a corner mixed-use investment property located along Girard Avenue’s
commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement.

Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air, Wall Unit

Cooling Central A/C, Wall Unit

Heat Source Electric

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871524500

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Nadia T Bilynsky • Mallin Panchelli Nadel Realty Inc
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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1200 N 5TH ST