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1,376 sqft

$270,000

5500 CHANCELLOR STREET, PHILADELPHIA PA, 19139

Price per sqft$196.22
Built in1925
Property size1,376 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Jun 10, 2026

Updated 7 days ago

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.

Additional information

MLS® ID
PAPH2620970

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$2,194
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Realty One Group Restore - BlueBell
Listing Contact: 6106365723 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:08 AM UTC

 

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