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    Retail Storefront Property Title is generated by Realmo AI

    3601-3 N 5th St, Philadelphia, PA 19140

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    For Sale
    $890,000

    For sale retail storefront property on N 5th Street in Philadelphia, offering street-level retail space.

    Property size:
    5,360 SF
    Price / SF:
    $166/SF
    Added:
    Jan 21, 2026
    Days on Market:
    141
    Last Refresh:
    Jun 11 at 4:38 am

    Property Features for 3601-3 N 5th St

    General Information

    Standard status
    Active
    Size
    5,360 SF

    Building Details

    Year Built
    1915

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    Listing Contact
    Suzy Park

    Listing agent Suzy Park

    Listing office

    Listing date Jan 21, 2026

    Source Evrealestate

    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 Suzy Park

    HighLights

    • Retail storefront property on N 5th Street in Philadelphia
    • Street‑level retail space
    • Year built: 1915
    • Heating: forced air, natural gas
    • Parking: on‑street

    Overview

    This for-sale retail storefront property is located at 3601-3 N 5th St in Philadelphia and totals 5,360 square feet. The asset is presented as a storefront-style commercial property, suitable for retail occupancy that benefits from direct street presence.

    Access to the property is described from Center City Philadelphia via I-676 E toward I-95 N. After merging onto I-95 N, the route continues to Exit 22 toward Allegheny Ave, followed by travel on Allegheny Ave and a right turn onto N 5th Street.

    From an operator’s perspective, this type of property can align well with a range of small-format retail or service concepts that need a street-facing storefront. Buyers and tenants may also look at the space as a straightforward retail holding, given its storefront character and defined overall building size. Please note that additional unit-level details, improvements, or current configuration are not provided in the available information.

    Local Financial Insights For Retail

    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 $96.5k $18.00
    − Vacancy −$9.9k −$1.85
    EGI $86.5k $16.15
    − OpEx −$26.0k −$4.84
    NOI $60.6k $11.30
    5,360 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $865.4K
    $757.3K – $1.01M (±1% cap)
    NOI $60,580 @ 7.0% cap · market cap 6.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $1.31M
    $1.14M – $1.52M (±1% cap)
    NOI $91,468 @ 7.0% cap · market cap 10.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Showers of Flowers — 2906 n 5th st, philadelphia, pa 19133
    • La Floreria Ochun — 3503 B St Suite 3A, Philadelphia, PA 19134

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.136965
    Latitude
    40.006573

    FAQs

    What type of property is this?
    Storefront property - For sale retail storefront property on N 5th Street in Philadelphia, offering street-level retail space.
    Where is this storefront property located?
    The property is located at 3601-3 N 5th St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: Retail storefront property on N 5th Street in Philadelphia; Street‑level retail space; Year built: 1915
    More about this property
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