LB'S Lounge 5452-5454 N 5th St 4,832 SF 100% Leased Retail Building Philadelphia, PA 19120 $2,200,000 ($455.30/SF)

This mixed-use investment opportunity on North 5th Street in Philadelphia offers a well-maintained, turn-key bar property with long-standing operational history. Spanning approximately 2,720 square feet, the property is strategically positioned in a densely populated corridor that experiences consistent pedestrian and vehicular traffic, creating strong visibility for any business. The building’s existing layout supports bar and pub use but provides flexibility for conversion into a wide range of businesses including retail, restaurant, or service-based concepts. Positioned within proximity to multiple neighborhood amenities, public transport options, and surrounding residential communities, this asset offers both investors and operators reliable traffic flow and broader market appeal.
With its established infrastructure, including central air, natural gas heating, and updated mechanicals, the property minimizes upfront improvement costs for the next owner. Buyers can benefit from immediate operational potential or redevelop to achieve a higher and better use suited to the evolving neighborhood demand.