For Sale
$1,150,000

5300 Market St Philadelphia, PA 19139

Vacant Bar, High-Traffic Location, $1.15M

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property, located at 5300 Market Street in Philadelphia, Pennsylvania (zip code 19139), presents a unique investment opportunity. The 2,921 square foot building sits on a 2,921 square foot lot and is currently vacant, offering immediate potential for a new owner. Classified as a Class B property, it's zoned for mixed-use retail, currently configured as a bar. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for most operating expenses. Its strategic location offers easy access to public transportation and is within walking distance of numerous dining and retail establishments. Furthermore, its proximity to both the University of Pennsylvania and Drexel University provides significant potential for high foot traffic and diverse clientele. The building boasts distinctive architecture, blending historical charm with modern adaptability. The property's versatile nature allows for various uses, including redevelopment or continued operation as a bar, catering to the vibrant Philadelphia market. The asking price is $1,150,000. This presents a compelling opportunity for investors seeking a high-potential property in a thriving urban environment.

Highlights

  • Prime location, walking distance to restaurants and shops.
  • Excellent public transportation access.
  • Short walk to University of Pennsylvania and Drexel University.

Property Details for 5300 Market St

Property type
Retail properties, Bars
Square Feet
2,921 SF
Class
B

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9600274
Longitude
-75.2270638

FAQs

What type of property is this?
Retail property - Vacant Bar, High-Traffic Location, $1.15M
Where is the retail property located?
The property is located at 5300 Market St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime location, walking distance to restaurants and shops.; Excellent public transportation access.; Short walk to University of Pennsylvania and Drexel University.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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5300 Market St
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