5604 N 5TH ST, Philadelphia, PA 19120
5604 N 5TH ST, Philadelphia, PA 19120
5604 N 5TH ST, Philadelphia, PA 19120
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Eli Qarkaxhia • Compass Pennsylvania, LLC
$1,350,000
Est. payment /mo
3,668 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2540222

Year Built 1930

Available Date 2025-10-09

Annual Tax Amount $4,889

Tax Year 2025

Lot Size 3,668 Sqft

Acres 0.08

Lot Dimensions 33.00 x 110.00

Property Sub-Type Retail

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CMX25

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882928245

Ownership Fee Simple

Acceptable Financing FHA, Cash, Conventional, VA

Listing Terms FHA, Cash, Conventional, VA

Financing FHA,Cash,Conventional,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"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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5604 N 5TH ST

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