2201 N 5TH ST Active

Philadelphia,PA 19133

$ 459000

- Bed

- Bath

2340 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $196

MLS Listing ID PAPH2404014

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,448

Tax Year 2025

Lot Size 1,037 Sqft

Acres 0.02

Lot Dimensions 18.00 x 58.00

Property Description

PRICE REDUCED SELLER MOTIVATED - Introducing a remarkable mixed-use corner property nestled on a vibrant corner in the heart of Norris Square. This exceptional property presents a unique blend of possibilities that promise an enticing blend of contemporary living and thriving commercial potential.

Elevating the concept of urban living, the upper-level apartment stands as a testament to meticulous maintenance and thoughtful updates. Boasting an air of sophistication, this expansive bi-level apartment offers residents a haven of comfort and style. With attention to detail evident in every corner, the apartment exudes modern appeal and convenience.

Previously housing a reputable and thriving auto tags business, the lower level of the property offers a versatile space primed for entrepreneurial endeavors. This flexible layout provides an opportunity for a wide range of commercial ventures, from retail to office space, allowing one to capitalize on the dynamic economic landscape of the high traffic volume of the 5th St corridor. .

This property is poised to anchor the corner of a burgeoning, up-and-coming neighborhood. Seizing this rare opportunity offers the chance to shape and contribute to the evolving character of the community for years to come. Situated on a high-traffic street, the property benefits from exceptional visibility and accessibility, ensuring a steady stream of foot traffic and potential customers.

With a prime location in close proximity to a thriving economic marketplace, the potential for substantial returns is undeniable. This corner gem holds the promise of becoming a true cash cow, leveraging its strategic placement and robust footprint to generate a steady flow of income. The undoubted possibilities that this property have no limits. Let your imagination go wild. This is an attractive investment prospect for those seeking to make a mark on both the local landscape and their financial future.

In summary, this mixed-use property represents a rare opportunity to own a corner piece of Philadelphia's urban fabric. With an impeccably maintained and updated apartment above and a commercial space below, it stands as a potential cash machine in a bustling and promising neighborhood. Embrace the endless potential this property presents and secure your place in the thriving heartbeat of Philadelphia's urban evolution.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Other

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871099950

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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