Two-Story Grocery and Convenience
For Sale
$270,000
5610 N 5th St, Philadelphia, PA 19120
Includes deli and grocery operations along with a liquor license; inventory is excluded.
Property Size2,260 SF
Price / SF$119.47
Days on Market1058
Property Features for 5610 N 5th St
General Information
Standard status
Active
Size
2,260 SF
Property subtype
Commercial
Site & Location
Neighborhood
Northwest Philadelphia
Building Details
Year Built
1935
Listing Agency:
Realty Mark Cityscape-Huntingdon Valley
Listed By:
Chuck K Kim · License #RS280833
(215) 583-7777
Source:
Baltimoreharfordhomesforsale
Added: Nov 30, 2023
Changed: Oct 1
Last Checked: Oct 23 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Mark Cityscape-Huntingdon Valley
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,260-square-foot, two-story commercial building contains deli and grocery uses, with both included in the sale. A liquor license is also part of the offering, while inventory is excluded.
Constructed in 1935, the property is located at 5610 N 5th St in Philadelphia, Pennsylvania 19120.
Constructed in 1935, the property is located at 5610 N 5th St in Philadelphia, Pennsylvania 19120.
Key Highlights
- 2,260‑square‑foot commercial building
- Two‑story layout with deli and grocery uses
- Deli and grocery businesses included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,455
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,100
$449.1K
Cap Rate 7%
$320,786
$320.8K
Cap Rate 9%
$249,500
$249.5K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$32.5K $14.40/SF
− Vacancy
−$2.6K −$1.15/SF
EGI
$29.9K $13.25/SF
− OpEx
−$7.5K −$3.31/SF
NOI
$22.5K $9.94/SF
Area
ZIP 19120
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,100
Cap Rate 7%
$320,786
Cap Rate 9%
$249,500
Alternative Uses
Best Use
Specialty Retail
$320.8K
$280.7K – $374.3K
NOI $22,455 @ 7.0% cap · market cap 8.32%
Second Best
Retail
$277.3K
$242.7K – $323.6K
NOI $19,413 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$539.9K
$472.4K – $629.9K
NOI $37,791 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Dunkin' Donuts
Dining
10,315 visits/mo
0.3 miles
Sunoco
Shops & Services
8,349 visits/mo
0.3 miles
PNC Bank
Shops & Services
3,994 visits/mo
0.2 miles
Spencer's
Shops & Services
2,210 visits/mo
0.5 miles
Ace Cash Express
Shops & Services
1,506 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Supermarket hispano — 5017 N 5th St, Philadelphia, PA 19120
- Olney Supermarket — 5011-15 N 5th St, Philadelphia, PA 19120
- 7 Brothers Supermarket — 180 W Duncannon Ave, Philadelphia, PA 19120
- C & L Supermarket — 5421 N 5th St, Philadelphia, PA 19120
- Thank God Grocery Store — 420 W Olney Ave, Philadelphia, PA 19120
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Includes deli and grocery operations along with a liquor license; inventory is excluded.
Where is this grocery and convenience store located?
The property is located at 5610 N 5th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 2,260‑square‑foot commercial building; Two‑story layout with deli and grocery uses; Deli and grocery businesses included in the sale
