Philadelphia, PA 19120 5734 Old Second Street

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Presented By: Longlong Zhan Real Estate Investment
  • MLS# PAPH2516996
  • 07/15/2025
  • Request Tour
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  • SQFT • 18,000

Home Details

This shopping center boasts five laundromat and restaurant tenants with high visibility along Old 2nd Street and W Grange Ave. The total building area is 18,000 sqft with 5 units and parking lot for 120 cars. Strip center : Unit 1: restaurant , 6000 sf. Unit 2: ,2500 sf, Central air & heat . Unit 3: It was a pizza restaurant. Unit 4: meat business , 3800 sf Unit 5 : Coin Laundromat , 4500 Sf , 92 machines , lottery , 2 year old heating & cooling system, lots of potential, opened 2019. In 2019, significant upgrades were made to the property, including all wall renovated ($60,000), the sidewalk fixed and replaced ($50,000.00), 5 poles($40,000.00) installed, other renovation on 2019($15,000) , a new roof( $55,000.00) , 2 meters in the property , 1 for at restaurant , another one for laundromat . The yearly GROSS RENT: $307,800. Expenses are : $13,000.00 for annual real estate tax, $5,000.00 for real estate insurance
Presented By: Longlong Zhan Real Estate Investment

Interior Features for 5734 Old Second Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas

General for 5734 Old Second Street

Acceptable FinancingCash, Conventional, Exchange
Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeOther/General Retail
CityPHILADELPHIA
Construction MaterialsStucco
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
HeatingCentral
Lot Size Square Feet44473.00
Lot Size UnitsSquare Feet
MLS Area19120 (19120)
ModificationTimestamp2025-07-17T10:29:07
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG155.56
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount33269.0
Tax Assessed Value2376700.0
Tax Lot208
Tax Year2023
UtilitiesElectric Available, Natural Gas Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningCA1

Exterior for 5734 Old Second Street

Building Area Total18000.00
Car Parking Spaces120
Land Assessed Value475336.00
Land Use CodeMD0
Lot Size Acres1.02
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces130
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,800,000
MLS#PAPH2516996
List Date 07/15/2025
Property Type Commercial
Phone 703.929.4729
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