5001-5 Frankford Avenue, Philadelphia, PA 19124 - Photo 1

1/1

$525,000

Sold
Closed
Commercial

1/1

Property Description

Located catty-corner to Jefferson's Frankford hospital and 3 blocks from the Frankford Transportation Center, 5001 Frankford Avenue captures visibility from both Market Frankford Line ridership, local buses, and the staff & visitors of Frankford Hospital. The 1st floor ( 10,400 SF) is configured with plumbing throughout and is comprised of 31 exam rooms plus multiple bathrooms, allowing for multiple uses and configurations. The 2nd floor is comprised of administrative offices, which is accessible via 3 separate stair wells. The building also features a finished lower level, plus 3rd floor storage. Ample street parking in every direction plus 985 parking spaces at Frankford Transportation Center. Zoned CMX-2, this property is positioned to accommodate a variety of retail, office/medical, and transit-oriented housing possibilities.

Full Property Details

Full Property Details for 5001-5 Frankford Ave

General

Sold For: $525,000
Taxes: $11,126 (2020)
Status: Closed
Type: Commercial
Source: BrightMLSPhilly
MLS ID: PAPH2104300
Added to Site: 1, 377 day(s) ago

Business

Business Type: Professional

Parking

Parking Type: None

Location

Area: 19124 (19124)
Municipality: PHILADELPHIA
County: Philadelphia
Cross Streets: Wakeling
Driving Directions: 3 blocks south of Frankford Transportation Center & catty-corner to Jefferson Frankford Hospital.
Location Details: Business District

School Information

Elementary School: Henry Edmunds School
Middle School: Warren G. Harding
High School: Frankford

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Other
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Stories/Levels: 0
Year Built: 1960
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.25
Lot Size (Sq. Ft.): 10,858
Lot Size Source: Estimated
Fence: Yes
Zoning: CMX2

Financial Considerations

Price Per Sq. Ft.: $43.87
Assessment Year: 2020
School Tax: $6,105
City/TownTax: $5,021
City/TownTax Freq: Annually
Tax w/Assessment: $794,800
Tax Amount: $11,126
Tax Year: 2020

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Medical equipment and other trade fixtures
Lot Number: 164

Listed by Geis Realty Group, Inc., James E Eaton Jr.
Sold by Non Subscribing Office, Non Member

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Listing agent

— 5001-5 Frankford Ave —

James E Eaton Jr.

Geis Realty Group, Inc.

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Schools

Schools serving 5001-5 Frankford Ave

School District:Philadelphia City School District

Name	Grades	Distance
Harding Warren G Middle School 2000 Wakeling Street, Philadelphia, PA 19124	7-8	0.6 mi
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124	9-12	0.3 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 5001-5 Frankford Ave

Date

Details

Price

Change

Source

2/15/2023

Sold

$525,000

-30%

MLS

4/12/2022

Listed

$750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5001-5 Frankford Avenue, Philadelphia, PA 19124 (MLS# PAPH2104300) is a Commercial property that was sold at $525,000 on February 15, 2023. Want to learn more about 5001-5 Frankford Avenue? Do you have questions about finding other Commercial real estate for sale in Kensington? You can browse all Kensington real estate or contact a Coldwell Banker agent to request more information.

5001-5 Frankford Ave Philadelphia, PA 19124