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$289,000 Just Listed

  • For Sale
  • Active
  • Commercial Service

Next open house:

Open House: 11:00 AM - 1:00 PM

Sunday 5/17 11:00 AM - 1:00 PM

5500 Chancellor Street,Philadelphia, PA 19139

5500 Chancellor StreetPhiladelphiaPA19139

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Prime CMX2 Mixed-Use Investment / Corner Property Salon/ Spa/ Serene Potential 3 Income Streams Welcome to 5500 Chancellor Street-a rare corner mixed-use opportunity in the heart of West Philadelphia offering multiple income streams, separate utilities, and flexible use potential. This property is configured for three distinct units, making it ideal for investors, house hackers, or small business owners looking to maximize cash flow: * Second Floor: Spacious 2-bedroom unit with private balcony, spacious living and dining areas. * First Floor: 1-bedroom unit with strong rental appeal. Currently used for spa & salon. Updated floors and newly painted with high celilings. * Lower Level/ Basement Efficiency unit with separate walkout entrance. * Outside lower level charming set up for entertainment Each space offers independent living potential, and with separate utilities already in place, operating expenses stay streamlined-an investor's dream setup. Beautifully maintained. Zoned CMX2, this property unlocks additional value with the ability to incorporate commercial or office use on the first floor, creating a true live/work or mixed-income asset. Situated on a high-visibility corner, the property benefits from added light, accessibility, and long-term appreciation potential in a rapidly developing area.Whether you're looking to build your portfolio, offset your mortgage with rental income, or create a hybrid residential/commercial space, 5500 Chancellor delivers flexibility, function, and upside. Don't miss this opportunity to secure a versatile, income-producing asset in one of Philadelphia's most dynamic markets.

Full Property Details for 5500 Chancellor St

General

  • Price: $289,000
  • Taxes: $2,194 (2026)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2620970
  • Updated: 5/13/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Hair Salon and Spa

Interior

  • Flooring: Laminate Plank

Rooms

Bathrooms

  • Restrooms: 1

Additional Information

  • Equipment: Negotiable

Parking

  • Parking Features: Public
  • Parking Type: On Street

Location

  • Area: 19139 (19139)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: rom City Line Ave, the fastest route to 5500 Chancellor St is usually: Take City Ave south toward West Philadelphia Merge onto I-76 East (Schuylkill Expressway) briefly Exit toward University City / 54th St Take S 54th St south Turn right onto Chancellor St Destination will be near 55th & Chancellor
  • Location Details: Urban

School Information

  • High School: William Sayer

Heating & Cooling

  • Cooling Type: Wall Unit
  • Cooling Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating Fuel: Electric
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Phone, Natural Gas Available

Structural Information

  • Construction: Masonry
  • Basement: Yes
  • Foundation: Concrete Perimeter
  • Ceiling Height: 12' to 15'
  • Doors: ENERGY STAR Qualified Door(s)
  • Drive-In Clearance: 12' to 15'
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Building Size: 1376
  • Year Built: 1925
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

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

Lot Features

  • Property View: City
  • Lot Size (Sq. Ft.): 1,072
  • Lot Size Source: Estimated
  • Fence: Yes
  • Zoning: CMX2
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $210.03
  • School Tax: $1,229
  • County Tax Freq: Annually
  • Tax w/Assessment: $156,800
  • Tax Amount: $2,194
  • Tax Year: 2026
  • Owner Pays: None

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: ALL PERSONAL PROPERTY OF SELLER
  • Inclusions: curtains, refrigerator, washer and dryer, sauna,
  • Lot Number: 81

Listed by Realty One Group Restore - BlueBell, Roslyn Gilbert

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Listing agent

— 5500 Chancellor St —

  • Roslyn Gilbert

    Realty One Group Restore - BlueBell

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 5500 Chancellor St

School District:Philadelphia City School District
NameGradesDistance
Hamilton Andrew School
5640 Spruce Street, Philadelphia, PA 19139
K-80.2 mi
Sayre William L Middle School
5800 Walnut Street, Philadelphia, PA 19139
9-120.4 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 5500 Chancellor St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Listed
$289,000
2527.27%
MLS
8/10/2015
Sold
$11,000
—
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 5500 Chancellor St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,195
—
$156,800
—
2024
$2,195
81%
$156,800
81%
2023
$1,215
—
$86,800
—
2022
$1,215
26%
$86,800
100%
2018
$963
-4%
-100%
2020
$999
4%
$71,400
4%
2019
$963
138%
$68,800
138%
2018
$405
—
$28,900
—
2017
$405
—
$28,900
—
2016
$405
-33%
$28,900
-36%
2015
$608
—
$45,400
—
2014
$608
-51%
$45,400
255%
2013
$1,251
—
$12,800
—
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.

Estimate the Cost for 5500 Chancellor St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Realty One Group Restore - BlueBell, Roslyn Gilbert

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5500 Chancellor Street, Philadelphia, PA 19139 (MLS# PAPH2620970) is a Commercial Service property. 5500 Chancellor Street is currently listed for $289,000 and was received on May 13, 2026. Want to learn more about 5500 Chancellor Street? Do you have questions about finding other Commercial Service real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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