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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. Upstairs, you'll find a partially renovated 2-bedroom apartment with substantial rent upside once completed. 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.
| DAYS ON MARKET | 0 | LAST UPDATED | 10/8/2026 |
|---|---|---|---|
| TRACT | OLNEY | YEAR BUILT | 1910 |
| COMMUNITY | 19120 (19120) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Instant Hot Water |
| AREA | 19120 (19120) |
| HEAT | Forced Air, Natural Gas |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | OLNEY |
| TAXES | 2704 |
| WATER | Public |
| ZONING | Please see documents |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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