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$299,900

  • For Sale
  • Active
  • Commercial Service
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Fully renovated mixed-use opportunity just one block from Lancaster Avenue. This CMX-2 property features a highly visible commercial storefront with approximately up to 800 square feet of usable space, including a partially finished lower level, plus a beautifully renovated residential unit above. The residential unit offers 3 bedrooms, 1 bathroom, a modern kitchen with granite countertops, laundry hookups, mini-split heating and cooling, and a heated finished attic providing additional living space with potential third-bedroom use. Extensive renovations include a new roof, HVAC, electrical, plumbing, flooring, drywall, trim, doors, kitchens, bathrooms, and replacement windows. Property will be delivered vacant, allowing the next owner to lease at market rates. Projected rents of approximately $2,500/month for the commercial space and $1,830/month for the residential unit provide strong income potential in one of West Philadelphia's most active growth corridors. Ideal for investors, owner-occupants, or entrepreneurs seeking to operate a business below while living above. Owner-occupants may offset a substantial portion of their housing expense through commercial rental income or occupy the commercial space while generating residential income..

Full Property Details for 5018 W Thompson St

General

  • Price: $299,900
  • Taxes: $1,127 (2026)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2638908
  • Updated: 7/20/2026
  • Added to Site: 26 day(s) ago

Business

  • Business Type: Other/General Retail, Hair Salon and Spa, Other, Prof

Interior

  • Flooring: Wood, Vinyl, Tile/Brick

Rooms

Bathrooms

  • Restrooms: 2

Parking

  • Parking Features: Public
  • Parking Type: On Street

Location

  • Area: 19131 (19131)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: PARKSIDE
  • Cross Streets: 51St Street
  • Driving Directions: off parkside avenue start down 52nd strret corridor and make a left on thompson.
  • Location Details: Urban

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Heating Type: Baseboard - Electric, Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Electric Available

Structural Information

  • Construction: Masonry
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Ceiling Height: 10' to 12', 8' to 10'
  • Stories/Levels: 3
  • Building Size: 1650
  • Year Built: 1925
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,477
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 92.00
  • Fence: Yes
  • Zoning: CMX2
  • Lot Description: Irregular

Financial Considerations

  • Price Per Sq. Ft.: $181.76
  • County Tax Freq: Annually
  • Tax w/Assessment: $85,000
  • Tax Amount: $1,127
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Permits: On Hand
  • Inclusions: All appliances
  • Lot Number: 189

Listed by HomeSmart Realty Advisors, kyle malson

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Listing agent

— 5018 W Thompson St —

  • kyle malson

    HomeSmart Realty Advisors

Listing Office Email: gztsvn@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5018 W Thompson St

School District:Philadelphia City School District
NameGradesDistance
Heston Edward School
1621 North 54th Street, Philadelphia, PA 19131
K-60.4 mi
Overbrook High School, Philadelphia, PA
5898 Lancaster Avenue, Philadelphia, PA 19131
9-121 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 5018 W Thompson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$299,900
-8.98%
MLS
7/14/2026
Price Reduced
$329,500
-2.95%
MLS
7/08/2026
Listed
$339,500
422.31%
MLS
3/15/2022
Sold
$65,000
—
Public Record
Get Price Alerts and Save Property
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 for 5018 W Thompson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,127
—
$80,500
—
2024
$1,127
160%
$80,500
100%
2021
$434
-39%
-100%
2023
$707
63%
$50,500
63%
2020
$434
4%
$31,000
4%
2019
$419
-34%
$29,900
-34%
2018
$637
—
$45,500
—
2017
$637
—
$45,500
—
2016
$637
-26%
$45,500
-29%
2015
$863
—
$64,400
—
2014
$863
25%
$64,400
811%
2013
$691
—
$7,072
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by HomeSmart Realty Advisors, kyle malson

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5018 W Thompson Street, Philadelphia, PA 19131 (MLS# PAPH2638908) is a Commercial Service property. 5018 W Thompson Street is currently listed for $299,900 and was received on July 08, 2026. Want to learn more about 5018 W Thompson 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.

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