Corner Mixed-Use Building
1414 S 5TH STREET Philadelphia, PA 19147
For Sale
$350,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,000 SF
Price / SF$175
Days on Market471
Property Features for 1414 S 5TH STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 2,000 SF
Building Details
- Year built
- 1915
Listing Agency:
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed By:
Patrick Conway · License #RS217990L
(215) 266-1537
Added: Apr 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:06PM
MLS# PAPH2466822
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 3-story corner mixed-use property is offered in shell condition and presents a flexible layout for a variety of renovations. The first floor is designed for commercial use and includes a spacious commercial office with a large greeting room, oversized front and side windows, a powder room, two bonus rooms, and a sizeable rear yard for outdoor use. The second and third floors are currently open and unfinished, featuring high ceilings and numerous windows that support multiple interior configurations.
The building also includes a basement with high ceilings, flexible space, and existing mechanicals. The property is zoned CMX1 for commercial mixed use and offers two separate entrances, supporting convenient access for future occupants.
Located in Philadelphia in the Dickinson Narrow area, the property is surrounded by local amenities including restaurants, cafes, and parks and playgrounds.
The building also includes a basement with high ceilings, flexible space, and existing mechanicals. The property is zoned CMX1 for commercial mixed use and offers two separate entrances, supporting convenient access for future occupants.
Located in Philadelphia in the Dickinson Narrow area, the property is surrounded by local amenities including restaurants, cafes, and parks and playgrounds.
Key Highlights
- 3‑story corner property built in 1915 with two separate entrances
- Zoned CMX1 commercial mixed use, offering flexible uses
- First floor for commercial use with a spacious office, large greeting room, powder room, two bonus rooms, and rear yard
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.7k | $30.36 |
| − Vacancy | −$3.5k | −$1.76 |
| EGI | $57.2k | $28.60 |
| − OpEx | −$25.7k | −$12.87 |
| NOI | $31.5k | $15.73 |
2,000 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$449.4K
$393.2K – $524.3K
NOI $31,459 @ 7.0% cap · market cap 8.99%
Second Best
Office B
$376.0K
$329.0K – $438.7K
NOI $26,319 @ 7.0% cap · market cap 7.52%
Theoretical Best
Multifamily LT 5
$487.6K
$426.6K – $568.8K
NOI $34,130 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kron Brian OD
Physician
FAQs
What type of property is this?
Mixed-use property - 3-story corner property in shell condition with two entrances, commercial office space, and flexible upper floors under CMX1 zoning.
Where is this mixed-use property located?
The property is located at 1414 S 5TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3‑story corner property built in 1915 with two separate entrances; Zoned CMX1 commercial mixed use, offering flexible uses; First floor for commercial use with a spacious office, large greeting room, powder room, two bonus rooms, and rear yard
