5018 W THOMPSON ST, Philadelphia, PA 19131
5018 W THOMPSON ST, Philadelphia, PA 19131
5018 W THOMPSON ST, Philadelphia, PA 19131
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by kyle malson • HomeSmart Realty Advisors
$299,900
Est. payment /mo
1,477 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Parkside

MLS Listing ID PAPH2638908

Year Built 1925

Available Date 2026-07-08

Annual Tax Amount $1,127

Tax Year 2026

Lot Size 1,477 Sqft

Acres 0.03

Lot Dimensions 16.00 x 92.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Fully renovated mixed-use opportunity just one block from Lancaster Avenue. This CMX-2 property features a highly visible commercial storefront with approximately up to 800 square feet of usable space, including a partially finished lower level, plus a beautifully renovated residential unit above.
The residential unit offers 3 bedrooms, 1 bathroom, a modern kitchen with granite countertops, laundry hookups, mini-split heating and cooling, and a heated finished attic providing additional living space with potential third-bedroom use.
Extensive renovations include a new roof, HVAC, electrical, plumbing, flooring, drywall, trim, doors, kitchens, bathrooms, and replacement windows. Property will be delivered vacant, allowing the next owner to lease at market rates. Projected rents of approximately $2,500/month for the commercial space and $1,830/month for the residential unit provide strong income potential in one of West Philadelphia's most active growth corridors.
Ideal for investors, owner-occupants, or entrepreneurs seeking to operate a business below while living above. Owner-occupants may offset a substantial portion of their housing expense through commercial rental income or occupy the commercial space while generating residential income..

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Interior

Hot Water Electric

Heating Baseboard - Electric, Heat Pump - Electric BackUp

Cooling Ductless/Mini-Split

Flooring Wood, Vinyl, Tile/Brick

Inclusions All appliances

Heat Source Electric

Exterior

Utilities Available Water Available, Sewer Available, Electric Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Irregular

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 442119600

Ownership Fee Simple

Acceptable Financing FHA 203(k), Cash, Private, Bank Portfolio, Conventional

Listing Terms FHA 203(k), Cash, Private, Bank Portfolio, Conventional

Financing FHA 203(k),Cash,Private,Bank Portfolio,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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