5549 N 5th St, Philadelphia, PA 19120

Property Description

RARE OPPORTUNITY to own this very unique, beautiful & professionally remodeled Commercial Mixed-Use large Store Front with 1 very spacious Apartment Unit upstairs in the very busy Business District section of Olney in North Philadelphia! This entire property has been fully renovated throughout from top to bottom, from all new electricals to new plumbing! Owner was intending to build this out to operate their own retail pharmacy, but have changed their mind. This is a perfect opportunity for anyone who wants to open up a fully built-out pharmacy or anything else that may fit your needs. Take advantage of this rare opportunity before it's gone! This Commercial Mixed-Use Property features a TOTAL of 2 bedrooms, 1 Full Bathroom for the upstairs apartment & a Half Bathroom at the rear of the Commercial space! Commercial Retail Store Front has glass windows & door, brand new luxury tiles & bright LED lights throughout the entire 1st Floor, & an automatic front Roll-Up Metal Security Gate/Door with Remote key fob! It has plenty of shelving & opened cabinets behind the store counter. There is also a built-in sink within this space. Go through the rear exit door will bring you into another big storage area. There is a Utility Room where the HVAC Central Air & Heating system is being stored. There is also a good-sized Half Bathroom that consists of a single vanity sink, toilet, & exhaust fan. At the rear of this property is a 1-car driveway! Upstairs apartment has a separate entrance at the rear of the property to go up to the roof of the Commercial space. Walk on the composite wood planks to get over to the upstairs apartment. 2nd Floor Apartment is very spacious & consists of 2 good-sized Bedrooms, 1 Full Bathroom, Living Room, Dining Area & a Kitchen! It has nice NEW tile floors in the Kitchen and brand-new hardwood floors throughout the Living Room, Hallway, & Both Bedrooms! Kitchen features oak cabinets, white tile backsplash, recessed lights & kitchen appliances (Stove/Range, Range Hood with Vent)! There are also washer/dryer hook-ups within the Kitchen area. A portion of the Kitchen can also be used as a Dining area. There is a nice skylight beaming all the natural lights towards the hallway. Full Hallway Bathroom consists of a single vanity, medicine cabinet with mirror, toilet, tub, tile floors, tile walls, & skylight! Plenty of natural lights shining throughout entire Apartment to help you save on energy bills! Entire Apartment has electric baseboard heat throughout! You can gain access to the very spacious & dry Unfinished Basement from inside the store. All utilities are fully separated with each of their own electric meters. It also has 2 separate hot water heaters! Start off your new home, business or investment with this very low maintenance property! The possibilities for this amazing property are endless! Buyer is responsible to reach out to the City for any zoning questions or use variance. IF renting out the Commercial space, Commercial rents can be projected to bring in over $2,200-$2,500/mo. in the area and the Apartment Unit can be projected to bring in $1,200-1,400/mo. for rent! Live & Work in the same building! Or Live in 1 unit and rent out the Commercial space to help cover your mortgage & potentially earning some cash flows OR open up your own business & rent out the upstairs Unit! So your investment possibilities are endless w/ this large Commercial Mixed-Use Property! Property is being sold strictly in AS-IS, WHERE-IS condition! What you see is what you get! Walk Score is 89 to all amenities! Septa bus / trolley stops & public transportation are easily accessible in the area! Close to supermarkets, stores, gyms, eateries, restaurants, parks, H Mart Plazas, Greenleaf at Cheltenham Plaza & many more! Easy access to all major highways! Minutes away Center City, & many more! Get an offer in quickly before it's gone!! ***Some photos are virtually staged.***