5500 Chancellor Street Philadelphia, PA $ 289,000
5500 Chancellor Street
$ 289,000
Recently Listed
Open House 5/17 11am - 1pm
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5500 Chancellor Street

Philadelphia, PA, 19139
$ 289,000
Bedrooms-- Baths-- Sq 1,376

Monthly Estimate*

$ 1,779

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Commercial Property for sale in Philadelphia, PA

for $289,000. This 1,376 square foot building was built in 1925.

Prime CMX2 Mixed-Use Investment / Corner Property Salon/ Spa/ Serene Potential 3 Income Streams Welcome to 5500 Chancellor Streeta rare corner mixed-use opportunity in the heart of West Philadelphia offering multiple income streams, separate utilities, and flexible use potential. This property is configured for three distinct units, making it ideal for investors, house hackers, or small business owners looking to maximize cash flow: * Second Floor: Spacious 2-bedroom unit with private balcony, spacious living and dining areas. * First Floor: 1-bedroom unit with strong rental appeal. Currently used for spa & salon. Updated floors and newly painted with high celilings. * Lower Level/ Basement Efficiency unit with separate walkout entrance. * Outside lower level charming set up for entertainment Each space offers independent living potential, and with separate utilities already in place, operating expenses stay streamlinedan investors dream setup. Beautifully maintained. Zoned CMX2, this property unlocks additional value with the ability to incorporate commercial or office use on the first floor, creating a true live/work or mixed-income asset. Situated on a high-visibility corner, the property benefits from added light, accessibility, and long-term appreciation potential in a rapidly developing area.Whether youre looking to build your portfolio, offset your mortgage with rental income, or create a hybrid residential/commercial space, 5500 Chancellor delivers flexibility, function, and upside. Dont miss this opportunity to secure a versatile, income-producing asset in one of Philadelphias most dynamic markets.

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Open House

5/17/2026 11:00 AM - 1:00 PM
5500 Chancellor Street Philadelphia, PA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

$ 289,000

Property Type

Commercial

Taxes

$ 2,194

Style

Hair Salon and Spa

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2620970

Features
Interior
Heating Fuel Electric
Flooring Laminate Plank
Hot Water 60+ Gallon Tank
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
Entry Level 1
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Wall Unit
Utilities Cable TV Phone Natural Gas Available
Possession 0-30 Days CD 31-60 Days CD
Zoning CMX2
Construction Materials Masonry
Exclusions ALL PERSONAL PROPERTY OF SELLER
Year Built 1925
Electric 100 Amp Service
View City
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Hair Salon and Spa
Accessibility 2+ Access Exits Level Entry - Main
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Possible Use Apartments Barber/Beauty Commercial Convenience Store Flex Space Mixed Use Office Restaurant Spa
Water Access Y/N N
Status ACTIVE
Directions rom City Line Ave the fastest route to 5500 Chancellor St is usually: Take City Ave south toward West Philadelphia Merge onto I-76 East (Schuylkill Expressway) briefly Exit toward University City /
City PHILADELPHIA
Disclosures Lead Based Paint - State Prop Disclosure
Number Of Units Total 1
MLS Area 19139 (19139)
Lot Size Units Square Feet
Lot Size Square Feet 1072.00
Tax Annual Amount 2194.0
Property Condition Excellent
Price Per Sq Ft Total AG 210.03
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Estimated
Tax Lot 81
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Exterior
Parking Features Public
Lot Features Corner
Water Source Public
Inclusions curtains refrigerator washer and dryer sauna
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 1376.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Door Features ENERGY STAR Qualified Door(s)
Other Equipment Negotiable
Land Assessed Value 31360.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5500
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* Excluded Features
List By
Realty One Group Restore - Bluebell

Broker

roz@rogrestore.com

Email

Affordability Calculator

$1,962
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,779
Monthly Property Taxes
$183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$289,000 Listed Price

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5500 Chancellor Street, Philadelphia, PA, 19139 is a Commercial Property for sale at $289,000 with 1,376 sqft. 5500 Chancellor Street was built in 1925. The property's zip code is 19139 which is in Philadelphia, PA