2859-61 N 5TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19133
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,068 sqft
Price per Sqft $117
Subdivision Philadelphia (North)
MLS Listing ID PAPH2443606
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,974
Tax Year 2024
Lot Size 3,600 Sqft
Acres 0.08
Lot Dimensions 36.00 x 100.00
Property Sub-Type Mixed Use
Property Description
Rare opportunity to own a very well established Bakery/Food shop of more than 30 Years. Opportunities like this don't present very often. The Seller is willing to include all kitchen equipment as part of the sale + Inventory. 10 Year lease opportunity is also available at $200,000. That's for the business only. This property runs street to street from 5th St to Orkney St. Approximately 36ft x 100ft. The vacant lot next door is also available for purchase separately at $55,000, 2857 N 5th St. This property is zoned CMX25 which allows for higher density if owner wanted to build up more apartments. Currently there are 3 apartments fully rented bringing in $2700/mo. Don't miss this opportunity and call today! Private showings to interested parties only during store closing hours upon receipt of proof of funds and term sheet. Do not disturb employees. Business Financials available upon request.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning CMX25
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile,Luxury Vinyl Plank
Inclusions All kitchen equipment if buyer desires it.
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available,Sewer Available,Water Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871101400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Bank Portfolio,Other,Wrap
Listing Terms Cash,Bank Portfolio,Other,Wrap
Financing Cash,Bank Portfolio,Other,Wrap
Special Listing Condition Standard