PA > Philadelphia > Olney
Philadelphia, PA 19120,5501 N FRONT ST
Philadelphia, PA 19120,5501 N FRONT ST
Philadelphia, PA 19120,5501 N FRONT ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$1,780,000
Est. payment /mo
16,189 SqFt
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UPDATED:

10/10/2024 01:14 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 16,189 sqft

Price per Sqft $109

Subdivision Olney

MLS Listing ID PAPH2366572

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $26,060

Tax Year 2024

Lot Size 1.282 Acres

Acres 1.28

Lot Dimensions 422.00 x 260.00

Property Description

This is a great investment property and/or owner use located in very populated area in Olney section of Philadelphia. Recently opened Japanese restaurant that has signed up for a 5 year lease and the deli that has been there for years and another restaurant on the first level of property are the major tenants of the property. Plenty of parking spaces in rear of the building and front parking offer convenience for the tenants and their customers. A liquor license is available for an additional cost. Schedule your showing to see this excellent income generating property. The entire roof has been replaced in June 2024.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning I2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s), Central A/C

Flooring Carpet, Hardwood, Laminated

Heat Source Natural Gas

Exterior

Garage Spaces 40.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Flat

Accessibility 2+ Access Exits

Total Parking Spaces 40

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882136405

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Andrew Choi • Sunland Real Estate
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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