5604 N 5TH ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19120
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PAPH2540222
Year Built 1930
Available Date 2025-10-09
Annual Tax Amount $4,889
Tax Year 2025
Lot Size 3,668 Sqft
Property Sub-Type Retail
Property Description
This versatile commercial property offers endless possibilities, ideal for retail, office, or mixed-use development. Originally built in the 1930s as a bank, the space retains its iconic large vault with lock boxes, providing a unique focal point for a creative transformation.
The property spans 5,520 sq. ft. across three stories, featuring 22 office-like suites/rooms and 6 full bathrooms equipped with standing showers. The main entrance, formerly a storefront, can easily be transformed into a welcoming lobby area. The recently renovated HVAC system ensures central air throughout the building, complemented by an updated water heater.
Situated in the heart of the Olney neighborhood in North Philadelphia, the property sits on a heavily trafficked block surrounded by commercial establishments, including pharmacies, restaurants, beauty salons, and retail stores. Its zoning, CMx2, supports a wide range of commercial uses, making it perfect for medical offices, charter schools, or similar multi-room setups.
Additional features include onsite parking, installed security cameras, a door armed with a code system, and fully functioning storefront security gates. The building is vacant and ready for its next owner to customize.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX25
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing FHA,Cash,Conventional,VA
Listing Terms FHA,Cash,Conventional,VA
Special Listing Condition Standard