5018 W Thompson St

Philadelphia PA 19131

1650 sq. ft.

1477 sq. ft.

Other

Currently for sale - view listing

Overview

Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 2 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.