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$1,800
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Property Description
Unlock endless possibilities at 5401 Cedar Ave-a landmark commercial property with a storied past as a thriving pharmacy, beckoning forward-thinking entrepreneurs to carve their niche in its ground floor space, whether as a cutting-edge medical office, chic barbershop, or any innovative endeavor. Above, a charming two-bedroom living area and a new updated kitchen awaits, promising both comfort and potential rental income. Strategically situated near University City and Mercy Hospital, this property stands as a beacon of opportunity in a blossoming neighborhood, inviting investors to seize the moment and shape the future of this dynamic locale.
Full Property Details
Full Property Details for 5401 Cedar Ave
General
- Sold For: $1,800
- Status: Closed
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2318154
- Added to Site: 720 day(s) ago
Business
- Business Type: Hair Salon and Spa, Medical, Other/General Retail, Pr
Rental Information
- Lease/Rent Term: 12 Months
Parking
- Parking Type: On Street
Location
- Area: 19143 (19143)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Heating Type: Wall Unit
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Aprox. Leasable: 1,840 Sq. Ft.
- Current Bldg. Use: Other, Vacant
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,495
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 92.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $1.36
- School Tax: $1,037
- City/TownTax: $815
- City/TownTax Freq: Annually
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Other
Listed by KW Empower, Anastasia Tran
Sold by BAE Realty and Investment Services, Angela L Floyd
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Schools
Schools serving 5401 Cedar Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.6 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 5401 Cedar Ave
Date
Details
Price
Change
Source
11/20/2024
Sold
$1,800
-28%
MLS
5/03/2024
Price Reduced
$2,500
-10.71%
MLS
2/29/2024
Price Reduced
$2,800
-6.35%
MLS
2/22/2024
Price Reduced
$2,990
-0.33%
MLS
2/01/2024
Listed
$3,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5401 Cedar Avenue, Philadelphia, PA 19143 (MLS# PAPH2318154) is a Commercial Lease property that was sold at $1,800 on November 20, 2024. Want to learn more about 5401 Cedar Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Cobbs Creek? You can browse all Cobbs Creek real estate or contact a Coldwell Banker agent to request more information.

