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$1,595,000
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Property Description
Welcome Investors!! Here's an opportunity to own a Property including "R" Liquor License, Real Estate and 4 Rental Units. 1st Floor has a Beer/Deli (Open), Korean/Japanese Restaurant (Leased), Sports Bar (Vancant), and Muta Restaurant on the ground level behind the property (Leased) with 30+ Parking Lot. Great opportuniy for a end user owner to occupy Sports Bar Restaurant with 3 tenants.
Full Property Details
Full Property Details for 5501 N Front St
General
- Price: $1,595,000
- Taxes: $26,842 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2648732
- Updated: 7/17/2026
- Added to Site: 78 day(s) ago
Business
- Business Type: Restaurant/Bar, Other
Interior
- Flooring: Hardwood, Tile/Brick, Concrete
Parking
- Total Spaces: 30
- Parking Features: Lighted Parking
- Parking Type: Parking Lot, On Street
Location
- Area: 19120 (19120)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: PHILADELPHIA (NORTH)
- Cross Streets: Olney
- Driving Directions: Take 5th Street east to Olney make left turn to Front Street Property is on the Righgt Side Corner of Olney & Front Street.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Roof: Flat
- Building Size: 16189
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.28
- Lot Size (Sq. Ft.): 55,823
- Lot Size Source: Assessor
- Lot Dimensions: 422.00 x 260.00
- Fence: Yes
- Zoning: I2
Financial Considerations
- Price Per Sq. Ft.: $98.52
- For Lease: Yes
- Assessment Year: 2026
- School Tax: $15,032
- City/TownTax: $11,810
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,917,600
- Tax Amount: $26,842
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 21
Listed by Homestarr Realty, Ken K Sim
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Schools
Schools serving 5501 N Front St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Olney El School 5301 North Water Street, Philadelphia, PA 19120 | K-8 | 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 5501 N Front St
Date
Details
Price
Change
Source
7/17/2026
Listed
$1,595,000
13.93%
MLS
10/27/2005
Sold
$1,400,000
—
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 5501 N Front St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$26,843
—
$2,590,200
35%
2025
$26,843
—
$1,917,600
—
2024
$26,843
3%
$1,917,600
3%
2023
$26,060
6%
$1,861,700
100%
2021
$24,557
-6%
-100%
2022
$26,060
6%
$1,861,700
6%
2020
$24,557
—
$1,754,300
—
2019
$24,557
—
$1,754,300
—
2018
$24,578
7%
$1,755,800
7%
2017
$22,944
—
$1,639,100
—
2016
$22,944
4%
$1,639,100
—
2015
$21,964
—
$1,639,100
—
2014
$21,964
5%
$1,639,100
663%
2013
$20,983
—
$214,752
—
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 5501 N Front St
5501 N Front Street, Philadelphia, PA 19120 (MLS# PAPH2648732) is a Commercial Service property. 5501 N Front Street is currently listed for $1,595,000 and was received on July 17, 2026. Want to learn more about 5501 N Front 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.

