2946 N 5th St, Philadelphia, PA 19133

Property Description

Located right in the heart of El Centro de Oro — Philadelphia's historic Hispanic business corridor on North 5th Street near Cambria — this 1947 mixed-use building offers 1,744 SF of available space (2,400 SF total) at just $75/SF. The seller is retiring after years running it as a restaurant and, before that, a gift shop, leaving a flexible, C-2 zoned space approved for an unusually wide range of uses: convenience store, daycare, salon/spa, medical office, general retail, professional office, religious facility, restaurant/bar, or grocery. Central air, gas heat, public water/sewer, and 32"+ accessible doorways are already in place, and annual taxes run remarkably low at roughly $358/year on a $3,200 assessed value — a rare low-basis entry point into an actively revitalized corridor with generations of established foot traffic.