Search
Multi-Parcel Retail Building
For Sale
$1,200,000

5612-5614 N 5TH Street, Philadelphia, PA 19120

Commercial Sale - PHILADELPHIA, PA

Property Size15,000 SF
Lot Size0.13 Acres
Price / SF$80
Days on Market27

Property Features for 5612-5614 N 5TH Street

General Information

Property type Other
Property subtype Retail
Parking features On Street
Subdivision OLNEY
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 6943

Utilities

Heating system Forced Air

Building Details

Year built 1930
Building materials Masonry
Listing Agency: HomeSmart Realty Advisors
Listed By: Chhay Heng · License #RS357062
Added: Jul 8 Changed: Jul 9 Last Checked: Aug 3 at 6:06AM
MLS# PAPH2645840

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a former Rite Aid retail building offered for sale and currently gutted, providing a blank-slate interior for a new user’s layout. The offering is listed under two parcels, one measuring 46 by 110 and the other measuring 15 by 100. The building includes approximately 6,000 square feet on the first level, approximately 4,500 square feet on the second level, and an additional basement area of approximately 4,500 square feet.

The property is located at 5612–5614 N 5TH Street in Philadelphia, PA 19120. The public remarks note exceptional vehicle and pedestrian traffic, which can support visibility and street-level customer access for retail or service concepts.

Zoned CMX 2.5, the property is described as allowing flexible uses and permitting building height of up to 55 feet. With the existing structure and full interior gutted condition, it may be a strong fit for buyers seeking an adaptable retail building that can be designed to match their specific operating requirements.

Key Highlights

  • Former Rite Aid building offered under two parcels: 46 x 110 and 15 x 100
  • Approx. 6,000 SF on the first level, 4,500 SF on the second level, plus a 4,500 SF basement
  • Zoned CMX 2.5, permitting flexible uses and building height up to 55 feet

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55 ft
Clear height

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Dining 26%
Dunkin' Donuts Dining
8,649 visits/mo 0.4 miles
Family Dollar Shops & Services
7,345 visits/mo 0.1 miles
Sunoco Shops & Services
7,181 visits/mo 0.5 miles
AutoZone Shops & Services
5,520 visits/mo 0.4 miles
PNC Bank Shops & Services
4,240 visits/mo 0.5 miles

Demographics for 19120, PA

66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Gutted former Rite Aid with basement and two-level retail space, positioned for a wide range of uses.
Where is this storefront property located?
The property is located at 5612-5614 N 5TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Former Rite Aid building offered under two parcels: 46 x 110 and 15 x 100; Approx. 6,000 SF on the first level, 4,500 SF on the second level, plus a 4,500 SF basement; Zoned CMX 2.5, permitting flexible uses and building height up to 55 feet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message