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21521712
21521711

700 S 5th St, Philadelphia, PA 19147

SS
PA RM424801
SDG Real Estate
SW
PA 326040
SDG Real Estate
Listed by SDG Real Estate
$2,199,000
493 days on market
Updated 63 days ago

Restaurant and 6 Unit Apartments Building Queen Village

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Apartment Building, Bar (+1)
Square Footage 7,700
Units 7
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 7.28%
Pro-Forma NOI $160,000
Price per SqFt $286
Class A
Year Built 1910
Year Renovated 2019
Buildings 3
Stories 3
Lot Size (SqFt) 2,500
Zoning CMX2
Investment Type Value Add
Ownership Fee Simple

Second Generation Restaurant and 6 Apartments Queens Village FOR SALE

Marketing description

FOR SALE: PRIME MIXED-USE PROPERTY IN QUEEN VILLAGE, PHILADELPHIA

Property Overview:

Presenting a rare investment opportunity in the heart of Queen Village, Philadelphia, 100% Occupied —a well-maintained mixed-use property featuring six residential units above a fully equipped second-generation restaurant space. Ideally situated on a highly visible corner in one of the city's most sought-after neighborhoods, this property offers excellent visibility, high foot traffic, and proximity to vibrant retail, dining, and entertainment options.

This versatile and income-generating asset is perfect for investors seeking a high-performing property in one of Philadelphia’s most desirable neighborhoods.

For more information or to schedule a private tour, please contact Stephen Stafford at SDGRE.

Investment highlights

Property Highlights:

  • Residential Units: Six well-appointed apartments, offering a mix of modern amenities and historic charm, ensuring strong tenant demand.
  • Restaurant Space: Fast Casual Halal Concept with multiple locations around the U.S.
  • Prime Location: Nestled in Queen Village, a dynamic and walkable community known for its historic character, strong rental market, and thriving local businesses.
  • High Foot Traffic: The property benefits from both residential and commercial activity, ensuring consistent exposure and accessibility.
  • Investment Potential: Stable rental income with additional upside through lease restructuring or future improvements.

Listing Contacts

SS
PA RM424801
SDG Real Estate
SW
PA 326040
SDG Real Estate
Listed by SDG Real Estate

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