Mixed-Use Bar and
For Sale
$1,010,900
1601 N 5th St, Philadelphia, PA 19122
Ground-floor hospitality space is paired with three move-in-ready apartments and separately metered electric service.
Property SizeContact for details
Days on Market28
Property Features for 1601 N 5th St
General Information
Standard status
Active
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1940
Buildings
1
Stories
3
Listing Agency:
Realty Mark Associates
(215) 537-0200
Listed By:
Roberto F Neris · License #RS299462
Source:
Elkaimpropertygroup
Added: Aug 2
Changed: Aug 28
Last Checked: Aug 29 at 12:15PM
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 Associates
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating bar and restaurant business with three residential apartments. The first floor includes front and side access, a renovated bar and billiards area, two restrooms, seating, a compact kitchen preparation area, and central air conditioning and heat. A full basement provides both interior and exterior entry. The sale includes the building, business, liquor license, inventory, and seller-owned equipment and appliances.
Residential space occupies the upper floors, with a studio and one-bedroom apartment on the second floor and a larger one-bedroom apartment on the third floor. Each apartment has separate interior and exterior entrances and is described as move-in ready. The property uses electric service with individual meters, and it was built in 1940.
Residential space occupies the upper floors, with a studio and one-bedroom apartment on the second floor and a larger one-bedroom apartment on the third floor. Each apartment has separate interior and exterior entrances and is described as move-in ready. The property uses electric service with individual meters, and it was built in 1940.
Key Highlights
- Mixed‑use building with bar, restaurant, take‑out business, and three apartments
- Sale includes liquor license, inventory, equipment, and appliances owned by the seller
- First floor offers front and side entrances, bar, billiards area, two restrooms, and kitchen prep space
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor hospitality space is paired with three move-in-ready apartments and separately metered electric service.
Where is this mixed-use property located?
The property is located at 1601 N 5th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,010,900.
What are key features of this property?
This property features: Mixed‑use building with bar, restaurant, take‑out business, and three apartments; Sale includes liquor license, inventory, equipment, and appliances owned by the seller; First floor offers front and side entrances, bar, billiards area, two restrooms, and kitchen prep space
