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LB'S Lounge 5452-5454 N 5th St 4,832 SF 100% Leased Retail Building Philadelphia, PA 19120 $2,200,000 ($455.30/SF)
Executive Summary
Unique opportunity to own a neighborhood bar known for its welcoming atmosphere and role as a true gathering place for the community. This bar has great cash flow at $30,000 plus per month.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,832 SF
Building Class
C
Year Built
1940
Price
$2,200,000
Price Per SF
$455.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.06 AC
Zoning
CMX2.5
Frontage
29’ on N 5th St
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $329,680 | |
| Land Assessment | $82,420 | Total Assessment | $412,100 |
Property Taxes
Parcel Numbers
Land Assessment
$82,420
Improvements Assessment
$329,680
Total Assessment
$412,100
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Contact the Sale Advisor
LB'S Lounge | 5452-5454 N 5th St