700 S 5th St, Philadelphia, PA 19147

$2,199,000

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List Price
$2,199,000
Price Change
▼ $1,000 1775768783
Days on Market
303
Status
ACTIVE
MLS#
PAPH2559462
Lot Size (Acres)
0.02
Year Built
1900
County
Philadelphia
School District
Philadelphia City

Property Description

(NOW 100% LEASED)Presenting a rare investment opportunity in the heart of Queen Village, Philadelphia—a well-maintained mixed-use property featuring six residential units above a fully equipped second-generation restaurant space. Ideally situated on a highly visible corner in one of the city's most sought-after neighborhoods, this property offers excellent visibility, high foot traffic, and proximity to vibrant retail, dining, and entertainment options. This versatile and income-generating asset is perfect for investors seeking a high-performing property in one of Philadelphia’s most desirable neighborhoods. Property Highlights: Residential Units: Six well-appointed apartments, offering a mix of modern amenities and historic charm, ensuring strong tenant demand. Restaurant Space: Turnkey second-generation restaurant space with existing infrastructure, ideal for an owner-operator or an investor looking to lease to a new tenant. Prime Location: Nestled in Queen Village, a dynamic and walkable community known for its historic character, strong rental market, and thriving local businesses. High Foot Traffic: The property benefits from both residential and commercial activity, ensuring consistent exposure and accessibility. Investment Potential: Stable rental income with additional upside through lease restructuring or future improvements.

Additional Information

Area
19147 (19147)
Taxes
$7035
School District
Philadelphia City
Heating
Other
Heating Fuel
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of SDG Management, LLC. Contact: 6093354016