2201 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 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
Water Access N
Accessibility Other
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