5018 W Thompson Street Philadelphia, PA $ 299,900
5018 W Thompson Street
$ 299,900
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5018 W Thompson Street

Philadelphia, PA, 19131
$ 299,900
Bedrooms-- Baths-- Sq 1,650

Monthly Estimate*

$ 1,894

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Commercial Property for sale in Philadelphia, PA

for $299,900. This 1,650 square foot building was built in 1925 on a lot size of 0.03.

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 Philadelphias 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..

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Commercial Active

Price

$ 299,900

Property Type

Commercial

Taxes

$ 1,127

Style

General Retail,Hair Salon and Spa,,Professional,D

Lot Size

0.03

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2638908

Features
Interior
Heating Fuel Electric
Flooring Wood Vinyl Tile/Brick
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 2
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General
Sewer Public Sewer
Heating Baseboard - Electric Heat Pump - Electric BackUp
Cooling Ductless/Mini-Split
Utilities Water Available Sewer Available Electric Available
Possession 0-30 Days CD
Roof Flat
Zoning CMX2
Construction Materials Masonry
Year Built 1925
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Other/General Retail Hair Salon and Spa Other Professional Day Care Facility
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name PARKSIDE
Possible Use Barber/Beauty Commercial Convenience Store Day Care Mixed Use Multi-Family Professional Service Retail
Water Access Y/N N
Status ACTIVE
Directions off parkside avenue start down 52nd strret corridor and make a left on thompson.
City PHILADELPHIA
Disclosures Agent has Financial Interest
Number Of Units Total 2
MLS Area 19131 (19131)
Lot Size Units Square Feet
Lot Size Square Feet 1477.00
Tax Annual Amount 1127.0
Property Condition Excellent
Price Per Sq Ft Total AG 181.76
Acceptable Financing FHA 203(k) Cash Private Bank Portfolio Conventional
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 189
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Exterior
Parking Features Public
Lot Features Irregular
Water Source Public
Inclusions All appliances
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Building Area Total 1650.00
Lot Dimensions 16.00 x 92.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5018
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* Excluded Features
List By
Homesmart Realty Advisors

Broker

kymalso@gmail.com

Email

Affordability Calculator

$1,988
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$94
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/21/2026$299,900 -8.98% Price Down
7/14/2026$329,500 -1.61% Price Down
6/19/2026$334,900 -4.04% Price Down
6/19/2026$349,000 Listed Price

Map


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5018 W Thompson Street, Philadelphia, PA, 19131 is a Commercial Property for sale at $299,900 with 1,650 sqft and a lot size of 0.03. 5018 W Thompson Street was built in 1925. The property's zip code is 19131 which is in Philadelphia, PA