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$1,350,000
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Property Description
1200 N 5th St. is a corner mixed-use investment property located along Girard Avenue's commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.
Full Property Details
Full Property Details for 1200 N 5th St
General
- Price: $1,350,000
- Taxes: $4,084 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2410874
- Updated: 12/17/2025
- Added to Site: 460 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: On Street
Location
- Area: 19123 (19123)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Northern Liberties
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Wall Unit
- Cooling Fuel: Electric
- Heating Type: Forced Air, Wall Unit
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 4220
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: 20.00 x 78.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $319.91
- Assessment Year: 2025
- School Tax: $2,287
- City/TownTax: $1,797
- City/TownTax Freq: Annually
- Tax w/Assessment: $291,824
- Tax Amount: $4,084
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Lot Number: 170
Listed by Mallin Panchelli Nadel Realty Inc, Nadia T Bilynsky
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Schools
Schools serving 1200 N 5th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.1 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1200 N 5th St
Date
Details
Price
Change
Source
10/16/2024
Listed
$1,350,000
20%
MLS
5/31/2018
Sold
$1,125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1200 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,085
—
$561,200
—
2024
$4,085
8%
$561,200
8%
2023
$3,784
-6%
$519,900
100%
2021
$4,019
6%
-100%
2023
$3,784
-6%
$270,348
-51%
2020
$4,019
1%
$548,700
1%
2019
$3,979
3%
$543,300
3%
2018
$3,863
—
$527,500
91%
2017
$3,863
—
$276,000
—
2016
$3,863
4%
$276,000
—
2015
$3,698
—
$276,000
—
2014
$3,698
137%
$276,000
1625%
2013
$1,563
—
$16,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1200 N 5th St
1200 N 5th Street, Philadelphia, PA 19122 (MLS# PAPH2410874) is a Commercial Service property. 1200 N 5th Street is currently listed for $1,350,000 and was received on October 16, 2024. Want to learn more about 1200 N 5th Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

