This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
$420,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
Property Description
Incredible Investment Opportunity: Commercial Real Estate + R-Liquor License Included! Located in the absolute heart of Frankford-directly across from Jefferson Frankford Hospital-this versatile mixed-use property offers a rare turn-key opportunity for savvy investors or owner-operators. First Floor: Fully equipped, turn-key sports bar and restaurant space. All furniture, fixtures, equipment (FFE), and kitchen infrastructure are included in the sale. This establishment previously generated a consistent $10,000-$12,000 in monthly net income. (The business is now closed) Upper Floors (2nd & 3rd): Two spacious residential units in livable condition. Perfect for generating immediate passive rental income or converting to owner-occupancy. Bonus Space: Includes a full basement for extensive storage and a private backyard. Property $270,000 & R-Liquor License $150,000 Total $420,000 Strictly Confidential Sale. The property and business assets are being sold completely AS-IS.
Full Property Details
Full Property Details for 5007 Frankford Ave
General
- Price: $420,000
- Taxes: $1,759 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2595600
- Updated: 7/2/2026
- Added to Site: 138 day(s) ago
Business
- Business Type: Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: Electric Alarm, Security System, Surveillance Sys
Parking
- Parking Type: On Street
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Frankford Ave & between Wakeling St and Haworth St
- Location Details: Urban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available, Cable TV, Electric Available, Natural Gas Available, Phone Available, Phone Connected
Structural Information
- Construction: Masonry
- Stories/Levels: 2
- Building Size: 2803
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,366
- Lot Size Source: Assessor
- Lot Dimensions: 24.00 x 100.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $149.84
- Assessment Year: 2026
- School Tax: $985
- City/TownTax: $774
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $125,700
- Tax Amount: $1,759
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Inventory
- Inclusions: Goodwill, Equipment & Liquor License (R)
- Lot Number: 141
Listed by Pk Property Inc., Anthony Seo
Get Pre-Approved Today
Schools
Schools serving 5007 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5007 Frankford Ave
Date
Details
Price
Change
Source
7/02/2026
Price Reduced
$420,000
-23.64%
MLS
3/18/2026
Listed
$550,000
175%
MLS
11/13/2024
Sold
$200,000
—
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 5007 Frankford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,760
—
$125,700
—
2024
$1,760
4%
$125,700
100%
2021
$1,685
22%
-100%
2023
$1,380
-18%
$98,600
-18%
2020
$1,685
1%
$120,400
1%
2019
$1,670
3%
$119,300
3%
2018
$1,622
-35%
$115,900
-35%
2017
$2,503
—
$178,800
—
2016
$2,503
4%
$178,800
—
2015
$2,396
—
$178,800
—
2014
$2,396
-5%
$178,800
590%
2013
$2,533
—
$25,920
—
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 5007 Frankford Ave
5007 Frankford Avenue, Philadelphia, PA 19124 (MLS# PAPH2595600) is a Commercial Service property. 5007 Frankford Avenue is currently listed for $420,000 and was received on March 18, 2026. Want to learn more about 5007 Frankford Avenue? 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.

