MLS#PAPH2620970
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA CITY
Property Description
Prime CMX2 Mixed-Use Investment / Corner Property Salon/ Spa/ Serene Potential 3 Income Streams Welcome to 5500 Chancellor Street—a 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 streamlined—an investor’s 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 you’re 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. Don’t miss this opportunity to secure a versatile, income-producing asset in one of Philadelphia’s most dynamic markets.
Property Features
Property Type: Commercial -
Basement: Yes
Cooling: Wall Unit
Fuel Type: Electric
Heating: 90% Forced Air
Lot Size: 0.00 Acre(S)
Taxes: $2,194
Year Built: 1925
Feature Descriptions
Accessibility: 2+ Access Exits, Level Entry - Main
Days on Site: 19
Electric: 100 Amp Service
Exterior: Masonry
Flooring: Laminate Plank
Location: Urban
Lot: Corner
Lot Dimensions: 0.00 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Public
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 0
Units: 1
Utilities: Cable TV, Phone, Natural Gas Available
Water: Public
Local Schools
High School: WILLIAM SAYER
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Realty One Group Restore - BlueBell
Agency Phone: 2674624222
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
5500 Chancellor Street | MLS# PAPH2620970
This commercial property located at 5500 Chancellor Street , Philadelphia, PA 19139 is currently listed for sale with an asking price of $289,000. Chancellor Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymarkllc.com today.