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$183,500
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Property Description
Welcome to 5407 Market Street, a remarkable investment opportunity located in the heart of West Philadelphia's thriving community. This spacious property is ideal for those looking to invest in commercial and mixed-use real estate. Unit 1 is a large commercial space that has been set up as a salon, with luxury vinyl plank flooring throughout and ample storage space. The unit also boasts a convenient bathroom, basement access, and an electric panel, making it an ideal space for a variety of businesses. Unit 2 has been recently renovated and features two bedrooms and one bathroom. The unit is complete with stainless steel appliances, hardwood floors throughout, and a bay window in the front bedroom, providing plenty of natural light. The private entrance ensures privacy and convenience for tenants. In addition to its prime location and spacious units, this property is zoned for commercial mixed use, allowing for a variety of potential uses. The property will be delivered vacant, providing investors with flexibility in leasing arrangements. Don't miss out on this incredible opportunity to own a piece of West Philadelphia's growing community. Schedule a showing today!
Full Property Details
Full Property Details for 5407 Market St
General
- Sold For: $183,500
- Taxes: $1,241 (2023)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2209636
- Added to Site: 1, 093 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Convenience Store/Gas, Day C
Interior
- Flooring: Luxury Vinyl Plank, Hardwood
Rooms
Bathrooms
- Restrooms: 1
Parking
- Parking Type: None
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Flat
- Ceiling Height: 12' to 15'
- Stories/Levels: 0
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,048
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 66.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $119.44
- Assessment Year: 2023
- School Tax: $681
- City/TownTax: $560
- City/TownTax Freq: Annually
- Tax w/Assessment: $88,700
- Tax Amount: $1,241
- Tax Year: 2023
- Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
- Landlord Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: personal property, tenant property
- Inclusions: Fixtures, appliances
- Investment: Yes
- Lot Number: 130
Listed by PA Realty Advisors LLC, Joshua M. Pagan
Sold by Keller Williams Real Estate - Media, Gustavo E Tellez
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Schools
Schools serving 5407 Market St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Barry Community John School 5900 Race St., Philadelphia, PA 19132 | K-8 | 0.6 mi |
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 5407 Market St
Date
Details
Price
Change
Source
5/01/2023
Sold
$183,500
-14.65%
MLS
3/04/2023
Listed
$215,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5407 Market Street, Philadelphia, PA 19139 (MLS# PAPH2209636) is a Retail property that was sold at $183,500 on May 01, 2023. Want to learn more about 5407 Market Street? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

