5604 N 5th St, Philadelphia, PA 19120

Property Description

This versatile commercial property offers endless possibilities, ideal for retail, office, or mixed-use development. Originally built in the 1930s as a bank, the space retains its iconic large vault with lock boxes, providing a unique focal point for a creative transformation. The property spans 5,520 sq. ft. across three stories, featuring 22 office-like suites/rooms and 6 full bathrooms equipped with standing showers. The main entrance, formerly a storefront, can easily be transformed into a welcoming lobby area. The recently renovated HVAC system ensures central air throughout the building, complemented by an updated water heater. Situated in the heart of the Olney neighborhood in North Philadelphia, the property sits on a heavily trafficked block surrounded by commercial establishments, including pharmacies, restaurants, beauty salons, and retail stores. Its zoning, CMx2, supports a wide range of commercial uses, making it perfect for medical offices, charter schools, or similar multi-room setups. Additional features include onsite parking, installed security cameras, a door armed with a code system, and fully functioning storefront security gates. The building is vacant and ready for its next owner to customize.