709 S 5th St
PHILADELPHIA, PA 19147

Description

Prime Class A mixed-use property. In the heart of Queen Village. Just off Bainbridge Green, Surrounded by walking streets, boutique shopping, parks, cafes, nightlife and Just down the block from Meredith School. Immediately adjacent to the Plenty Cafe. 3 unit property.. Ground floor is a former doctors office approx. 1,200sqft with a large semi finished bsmt approx 1,000sqft. Property has Bulk-head doors in the side walk for direct bsmt access and large backyard from the main floor rear.Separate entrance for upstairs residential apartments from the common foyer. Both 2nd & 3rd floor are updated 1 bdrm 1 bath flats. Well maintained and upgraded residential units. Light filled spaces with bay windows front and bedroom windows rear. Apartments have full sizes kitchens, dining area, nice living rooms and full size bedroom/bath. Washer dryer for each unit. Both units on lease until 8/31/2019. Zoning is CMX2 allowing many viable commercial, retail uses on a highly visible block. Business on the block include: Rite Aide, Sweat Fitness, Plenty Cafe, The Living Room Cafe,, PNC Bank, Whetstone Tavern, Philly Aids Thrift & more Plus the soon to come 30 room Boutique Hotel @ 5th Baindridge. 709 s 5th has strong Cap Rate potential with Solid ROI in this Destination neighborhood. Worth a Look!

Details

MLS#PAPH505844
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site177

Features

SQ Feet2,310
Story(s)0
ZoningCMX2

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19147
Area19147 (19147)
Listing VS Median (in 19147)
Price:
$659,900
low | high
Med:
$379,500
92.491286558569% of Average
SqFt:
2,310
low | high
Med:
1,221
97.142857142857% of Average
$ / SqFt:
$286
low | high
Med:
$314
39.956261179174% of Average
On Site:
177
low | high
Med:
32.500000
100% of Average
Listing Updated: 06/15/2019
MLS Number: PAPH505844
Listing Provided By:
Leon Aksman  of  Plumer Associates Inc