5539 N 5th St, Philadelphia, PA 19120

Property Description

Seeking immediate cash flow paired with significant value-add potential? Positioned in the high-traffic 5th & Olney business corridor (30,000+ daily vehicle count + tons of foot traffic), 5539 N 5th St offers an exceptional blend of steady rental income and operational flexibility. The ground floor features an occupied turnkey, fully equipped takeout restaurant with a full basement for storage (40k annual rental income). Upstairs, you’ll find a partially renovated 2-bedroom apartment with substantial rent upside once completed (potential additional 20k annual rent). Versatile CMX-2.5 zoning permits the upper level for residential or commercial use, while allowing a wide variety of uses from food & beverage to retail, personal services, or professional offices (see docs). Perfect for an investor seeking turnkey returns or an owner-occupant looking to bring their own business vision to life! Contact me for a private showing.