Rare opportunity to own a very well established Bakery/Food shop of more than 30 Years. Opportunities like this don't present very often. The Seller is willing to include all kitchen equipment as part of the sale + Inventory. 10 Year lease opportunity is also available at $200,000. That's for the business only. This property runs street to street from 5th St to Orkney St. Approximately 36ft x 100ft. The vacant lot next door is also available for purchase separately at $55,000, 2857 N 5th St. This property is zoned CMX25 which allows for higher density if owner wanted to build up more apartments. Currently there are 3 apartments fully rented bringing in $2700/mo. Don't miss this opportunity and call today! Private showings to interested parties only during store closing hours upon receipt of proof of funds and term sheet. Do not disturb employees. Business Financials available upon request.
Presented By: EXP Realty, LLC
Interior Features for 2859 N 5Th Street
Other Interior Features
Central Air Y/NYes
FlooringCeramic Tile, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank
General for 2859 N 5Th Street
Acceptable FinancingCash, Bank Portfolio, Other, Wrap
AccessibilityNone
Association Recreation FeeN
Business TypeOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingCentral A/C
CountyPHILADELPHIA
Current UseRetail
DirectionsGPS
DisclosuresProp Disclosure
Electric200+ Amp Service
HeatingForced Air
Lease Considered Y/NYes
Lot Size Square Feet3600.00
Lot Size UnitsSquare Feet
MLS Area19133 (19133)
ModificationTimestamp2025-02-27T07:32:40
MunicipalityPHILADELPHIA
New ConstructionNo
Possession61-90 Days CD
Price Per Sq Ft Total AG43.48
Property ConditionGood
Property SubtypeRetail
Property TypeBusiness Opportunity
Property UseOwner User
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePHILADELPHIA (NORTH)
Tax Annual Amount2974.0
Tax Assessed Value212500.0
Tax Lot56
Tax Year2024
UtilitiesNatural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningCMX25
Exterior for 2859 N 5Th Street
Building Area Total4600.00
Car Parking Spaces
InclusionsAll kitchen equipment if buyer desires it.
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