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1028 N 5TH ST Philadelphia, PA 19123
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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $83
MLS Listing ID PAPH2338412
Sold Date 07/15/24
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $5,404
Tax Year 2022
Lot Dimensions 30.00 x 80.00
Property Description
Situated on the southwest corner of North 5th Street and W. Girard Avenue, 1026-28 N 5th Street provides frontage of 80’ on W. Girard Avenue and 30’ on North Fifth Street. This prominent corner is Ideal for development as Restaurant / Commercial on the first floor and lower level, with Apartments or Creative Office space on the upper floors.
The character of the building translates as “urban loft space” with high ceilings, wood beams, exposed brick, and original wood factory floors. Included in its four floors and lower-level space, is a freight elevator which serves floors 1-4. Two years ago, 34 new windows were installed, providing great light and views to the upper floors. There are 2 entrances to the property, both on Girard. The front is used for the store and there’s a rear entrance which could serve as a lobby for upstairs use, as the elevator and stairs are situated right there. The freight elevator has been in use as recently as 6 months ago but is currently out of order.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882933520
Ownership Other
Special Listing Condition Standard
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Bought with Lisa Trillo • KW Empower