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5604 N 5th St
For Sale $1,350,000
$1,350,000
- 22 Units
- Unknown Sq Ft
- 3,668 Sq Ft
- Unknown Cap Rate
Description
This versatile commercial property offers endless possibilities, ideal for retail, office, or mixed-use development. Originally built in the 1930s as a bank, the space retains its iconic large vault with lock boxes, providing a unique focal point for a creative transformation.
The property spans 5,520 sq. ft. across three stories, featuring 22 office-like suites/rooms and 6 full bathrooms equipped with standing showers. The main entrance, formerly a storefront, can easily be transformed into a welcoming lobby area. The recently renovated HVAC system ensures central air throughout the building, complemented by an updated water heater.
Situated in the heart of the Olney neighborhood in North Philadelphia, the property sits on a heavily trafficked block surrounded by commercial establishments, including pharmacies, restaurants, beauty salons, and retail stores. Its zoning, CMx2, supports a wide range of commercial uses, making it perfect for medical offices, charter schools, or similar multi-room setups.
Additional features include onsite parking, installed security cameras, a door armed with a code system, and fully functioning storefront security gates. The building is vacant and ready for its next owner to customize.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,350,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882928245 |
| MLS # | PAPH2540222 |
| Property ID | 293692263 |
| Lot Sqft | 3,668 |
| Zoning | CMX25 |
| Total Units | 22 |
| Days on Market | 79 |
| Original List Price | Unknown |
| Date Updated | October 08, 2025 |
| Date Created | October 08, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eli Qarkaxhia an agent of Compass Pennsylvania, LLC. Lic #RS311277
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Data last updated: December 26, 2025.
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Robert Crawford
REAL ESTATE AGENT