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Mixed-Use Property with Vacant Commercial Space
For Sale
$499,999

5923 N BROAD ST, Philadelphia, PA 19141

PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market90

Property Features for 5923 N BROAD ST

General Information

Property type Residential Multi Family
Property subtype Other
High school MARTIN L. KING
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.05 Acres

Amenities

vestibule entrance
open floor plan
coffee/kitchen bar area
private restroom
dual-zone split AC/heat systems

Building Details

Year built 1930
Listing Agency: Havertown
Listed By: Robert B Travers · License #RS316370
Added: Jun 4 Changed: Aug 23 Last Checked: Sep 1 at 2:06PM
MLS# PAPH2630410

Copyright © 2026 Long & Foster Real Estate. 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 mixed-use building combines a vacant first-floor commercial suite with two residential apartments above. The commercial space includes a vestibule entry, open layout, coffee and kitchen bar area, private restroom, and dual-zone split AC/heat systems. It previously operated as a beauty salon. Both apartments are leased and configured with 2 bedrooms, 1 full bath, in-unit laundry, updated finishes, and abundant natural light. The second-floor residence includes private rear-yard access, while the third-floor apartment has a private deck.

Located at 5923 N Broad Street in Philadelphia, the property sits along the North Broad Street corridor with access to public transportation, shopping, dining, and major roadways. The building was constructed in 1930 and has undergone extensive renovations in recent years. The 0.05-acre property offers a combination of residential occupancy and an available commercial component.

Key Highlights

  • Vacant first‑floor commercial suite with vestibule, open layout, private restroom, and coffee/kitchen bar area
  • Two leased apartments, each with 2 bedrooms, 1 full bath, and in‑unit laundry
  • Second‑floor apartment includes access to a private rear yard

Property Analytics

Current Use

The Hair Lab Philly Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service HVAC Service Gym & Fitness Center

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

2,485
Businesses Nearby

Demographics for 19141, PA

31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased apartments accompany an open commercial suite suited to owner occupancy or a new tenant.
Where is this mixed-use property located?
The property is located at 5923 N BROAD ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Vacant first‑floor commercial suite with vestibule, open layout, private restroom, and coffee/kitchen bar area; Two leased apartments, each with 2 bedrooms, 1 full bath, and in‑unit laundry; Second‑floor apartment includes access to a private rear yard
More about this property
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