Price Reduction
Address
5929 N 5Th Street Philadelphia, PA
Price
$ 999,900
Property Attributes
  • MLS#PAPH802018
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19120
  • NeighborhoodOLNEY
  • Zip19120
  • StyleRestaurant/Bar
  • Year Built1945
  • Taxes6489
  • Price$ 999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5636
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Keller Williams Philadelphia
Data Source:
Bright MLS
Property Description

Welcome to the 5th Street lounge. Located on a busy block in the Olney section of Philadelphia. Included in the sale is the business, building and liquor license. Situated on a lot that is 125X66 boasting parking for patrons or employees along with a small structure that is also included as shown in pics and is rented out at $300.00 a month. First floor has a full bar nicely done with seating, dance floor, 2 VIP rooms and mens & women's bathrooms. Just adjacent to the bar is the full service kitchen that features a grill, 2 fryers, an oven ,refrigeration, and commercial dishwasher. Everything is in excellent working order and clean as a whistle. 2nd floor has 2 bathrooms, an office and 3 other large rooms that can be used for expansion of your business or storage purposes. Business hours are 4pm-2am 7 days a week. This is a thriving business and can be a real cash cow for a savvy investor. Come and take a peek!

Price History
5/29/2019 Listed $1,000,000
7/13/2020 1% - $999,999
3/18/2021 1% - $999,900

General Features

Accessibility None
Business Type Restaurant/Bar
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 680
Heating Forced Air
MLS Area 19120 (19120)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 177.41
Property SubType Other
Property Type Commercial Sale
Sewer Public Sewer
Subdivision Name OLNEY
Tax Annual Amount 6489.0
Tax Lot 366
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2.

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 5636.00
Car Parking Spaces 7
Fencing Y/n No
Lot Dimensions 125.00 x 65.54
Lot Size Acres 0.19
Lot Size Source Assessor
Lot Size Square Feet 8187.00
Navigable Water Y/N No
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19120

Price
AVG $310K
$1,000K
Taxes
AVG $2,648
$6,489
Visits
AVG 52
304
Year Built
AVG 1935
1945
Walkscore
AVG 82
88
Data Provided by Walkscore ® not using MLS data

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