5147 Baltimore AvePhiladelphia, PA 19143

Property Details for 5147 Baltimore Ave

Year built

1925

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.05 AC

Property size (Sq ft)

4,592 SF

Zone code

CMX2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

87-1-2140-80

APU

871214080

Description

This exceptional Philadelphia investment opportunity presents a 2-story, 2,339 sq ft storefront located at 5147 Baltimore Ave, Philadelphia, PA 19143. Currently operating as an owner-occupied beer and deli, the property includes the real estate, established business, and a Pennsylvania liquor license. The sale encompasses a ground floor retail space featuring a large walk-in refrigerator and a fully equipped prep area with a hood system, ready for food service resumption. The second floor offers six apartment units, with two already completed and four requiring finishing. The CMX2 zoning allows for flexibility. The business, currently open seven days a week, offers beer sales, lottery tickets, and cigarettes. This turnkey opportunity is situated in a high-traffic area of Philadelphia, presenting significant potential for a new owner to expand the existing business and capitalize on the rental income from the apartments. The asking price is $1,450,000. This is a rare chance to acquire a profitable business and valuable real estate in a prime location. The property's existing infrastructure and potential for expansion make it an attractive investment for both owner-users and investors seeking a strong return.

• CAP approach

  CAP return

  Valuation

  6%

  $1,293,029

  6.5%

  $1,193,565

  7%

  $1,108,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $599,991

  Geo Method

  $599,991

• Alternative Use

  Use

  Valuation

  Residential

  $1,480,021

  Hospitality

  $1,355,691

  Educational

  $1,127,919

  Medical

  $1,166,710

  Retail

  $1,754,540

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.948

Longitude

-75.2272

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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