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Retail Building Ready for Refit
For Sale
$1,200,000

56125614 5TH STREET, Philadelphia, PA 19120

Former Rite Aid retail building on two parcels with approximately 6,000 first-floor square feet and additional basement space.

Property Size14,000 SF
Lot Size0.15 Acres
Price / SF$85.71
Days on Market49

Property Features for 56125614 5TH STREET

General Information

Standard status Active
Size 14,000 SF
Lot size 0.15 Acres
Property subtype Retail
Zoning CMX 2.5

Taxes and HOA fees

Annual Taxes $6,943

Amenities

3
Parking.
On Street.
46.00 x 110.00 & 15 x 100

Building Details

Year Built 1930
Stories 3
Listing Agency: HomeSmart Realty Advisors
Listed By: Chhay Heng · License #RS357062
Source: Xome
Added: Jun 29 Changed: Aug 14 Last Checked: Aug 16 at 4:00AM

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 HomeSmart Realty Advisors

Investment Insights

Based on property information with market context.

This former Rite Aid retail building is offered for sale and is listed under two parcels (46 x 110 and 15 x 100). The property includes approximately 6,000 square feet on the first level, about 4,500 square feet on the second level, and an approximately 4,500-square-foot basement. The building has been gutted and is ready for a new interior buildout.

The property benefits from substantial vehicle and pedestrian traffic, and it is located in a CMX 2.5 zoning district. CMX 2.5 allows for flexible uses and provides for building height up to 55 feet.

With a multi-level configuration that includes both upper levels and a basement, the space can be reimagined to fit a range of retail and commercial requirements within the zoning parameters.

Key Highlights

  • Former Rite Aid retail building offered for sale on two parcels
  • Lot sizes: 46 x 110 and 15 x 100
  • Approx. 6,000 SF first‑floor space plus approx. 4,500 SF second‑floor space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 61% Shops & Services 39%
Save-A-Lot Groceries
17,097 visits/mo 0.5 miles
Fine Wine & Good Spirits Groceries
8,046 visits/mo 0.5 miles
7-Eleven Shops & Services
7,335 visits/mo 0.1 miles
Wells Fargo Shops & Services
5,213 visits/mo 0.2 miles
Sunoco Shops & Services
3,493 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Retail space - Former Rite Aid retail building on two parcels with approximately 6,000 first-floor square feet and additional basement space.
Where is this retail space located?
The property is located at 56125614 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 retail building offered for sale on two parcels; Lot sizes: 46 x 110 and 15 x 100; Approx. 6,000 SF first‑floor space plus approx. 4,500 SF second‑floor space
More about this property
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