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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $78
Subdivision North Central
MLS Listing ID 1002571554
Sold Date 01/22/19
HOA Y/N N
Originating Board TREND
Year Built 1937
Annual Tax Amount $3,933
Tax Year 2018
Lot Size 5,175 Sqft
Acres 0.12
Lot Dimensions 44X118
Property Description
from 690,000 to 590,000 , from 590,000 to 490,000 just for building Lowered price , 2 story with basement , 5216-18 N.5th Street,basement-high ceiling , spring cooler system,1 bathroom,using for storage . First floor-2500sf , using for clothes ( dress ,shirts..)business,central air &heat ,2 bathrooms,entrance step into 2nd floor, 2 doors for outside. 2nd floor- 2500 sf, central air &heat , well renovated , using for owner's personal rest area , separated entrance door to outside ,1 small office , You can purchase for just real estate at 450,000 , you just need to take over inventory at whole sale price if want to keep business , No need to take over inventory if want to take over just building, owner has been running clothes business for 20 years. 400,000 annual gross volume, open 9a-6p from Mon-Sat , Utilities:12000/year, Annual net Income 150,000 , 70,000 wages for 3 employees , 2nd floor : well renovated.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CA1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility >84\" Garage Door
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882924670
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Other
Listing Terms Conventional, Other
Financing Conventional,Other
Special Listing Condition Standard
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Bought with Peter Han • PK PROPERTY INC.
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327