$220,000
$250,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
5046 N 5TH ST Philadelphia, PA 19120
1,965 Sqft Lot
Key Details
Sold Price $220,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2398284
Sold Date 10/25/24
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $1,117
Tax Year 2024
Lot Size 1,965 Sqft
Acres 0.05
Lot Dimensions 16.00 x 122.00
Property Description
Welcome to 5046 N 5th St, the longtime home of M. Schneider & Sons, a 4th generation family-owned business that has proudly served Philadelphia for over a century. Established in 1924, M. Schneider & Sons specialized in selling barber supplies and repairing clippers, blades, and shears, becoming a trusted provider of high-quality products to barbershops across the region. This iconic location is now available for a new chapter in its storied history.
Situated in the vibrant Olney neighborhood, this property is ideally located in the heart of the 5th Street business corridor. The area is known for its diverse retail offerings, local eateries, and a variety of small businesses that create a lively, supportive community. With easy access to major transportation routes and public transit, the property enjoys strong foot traffic and visibility—perfect for businesses looking to establish or grow their presence in a thriving urban setting.
As M. Schneider & Sons closes its doors, this property presents a unique opportunity for a new business to take advantage of its prime location and the legacy of a well-known commercial space in Philadelphia.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871575860
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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