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5216-5218 N 5th St
Philadelphia, PA 19120
Retail Property For Sale


Investment Highlights
- Positioned along the heavily traveled North 5th Street commercial corridor with approximately 44 feet of street frontage.
- Excellent ceiling height
- Flexible two-story layout with mezzanine space supports a variety of commercial, retail, office, and owner-user uses.
- Located within an established commercial corridor surrounded by neighborhood businesses and daily consumer traffic.
Executive Summary
Excellent opportunity to acquire a versatile commercial property along the heavily traveled North 5th Street commercial corridor in Philadelphia. 5216-18 N 5th Street is a two-story plus mezzanine commercial building containing approximately 5,760 SF of gross above-grade building area situated on an approximately 5,175 SF lot with 44 feet of primary street frontage. The property features a street-level retail space with additional mezzanine area leased as a fish and exotic pet store, a separate second-floor commercial space with private entrance, and an unfinished basement with excellent ceiling height providing additional storage and utility space. The building offers a flexible layout suitable for a variety of commercial, retail, office and owner-user applications. Situated along the established North 5th Street commercial corridor, the property benefits from a dense surrounding residential population and a diverse mix of neighborhood retailers, restaurants, service businesses and other commercial uses. North 5th Street is one of Philadelphia's most diverse commercial corridors and continues to benefit from ongoing business support and neighborhood revitalization initiatives. The location offers excellent visibility, convenient access to public transportation and strong potential for an investor or owner-user looking to establish a presence along an active neighborhood commercial corridor. Great opportunity for an investor, owner-user, or buyer looking to reposition and maximize the property's potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,069 SF
Building Class
B
Year Built
1935
Price
$785,996 CAD
Price Per SF
$155.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.12 AC
Zoning
CA1
Frontage
44’ on 5th St
Property Taxes
| Parcel Number | 882924670 | Improvements Assessment | $428,988 CAD |
| Land Assessment | $107,144 CAD | Total Assessment | $536,132 CAD |
Property Taxes
Parcel Number
882924670
Land Assessment
$107,144 CAD
Improvements Assessment
$428,988 CAD
Total Assessment
$536,132 CAD
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