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5300-5302 Market St
Philadelphia, PA 19139

Retail Property For Sale

Investment Highlights

  • Easy access to public transportation
  • Price includes the property and equipment, but not the liquor license (can be purchased at an additional cost).
  • 509 total patrons: 285 on the 1st floor, 224 on the 2nd floor.
  • Blocks to Drexel University & University of Pennsylvania
  • Takeout service license included.
  • One of the largest capacities in the area.

Executive Summary

Located at 5300-5302 Market Street in Philadelphia, this property is a prime opportunity for investors and business owners alike. Within walking distance to dining and retail amenities and offering easy access to public transportation, it is just a few blocks away from the University of Pennsylvania and Drexel University. This 5,964 square foot, two-story retail building has been a long-established neighborhood tippling house with over two and a half decades under the same ownership. The building features usable space on both floors, making it versatile for various business needs. Situated on a hard corner lot at a signalized intersection, the property ensures high visibility and accessibility. The sale includes all furniture, fixtures, and equipment, providing a turnkey solution for the new owner. Don’t miss out on this well-located, fully equipped property in a vibrant and bustling area. For more information, contact Andre Watson with KW Commercial.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
5,964 SF
Building Class
C
Year Built
1925
Price
£775,467
Price Per SF
£130
Tenancy
Single
Number of Floors
2
Building FAR
2.00
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
CMX2 - Small scale neighborhood commercial and residential mixed use
Frontage
57 ft on Market Street

Amenities

  • Bus Route
  • Corner Lot
  • Signalised Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
882573005
Land Assessment
£57,604
Improvements Assessment
£230,416
Total Assessment
£288,019
  • Listing ID: 33193965

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 5300-5302 Market St, Philadelphia, PA 19139

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