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Listed by Carmine Rauso • Keller Williams Main Line
$ 450,000
Est. payment /mo
Active
5301 - 5305 MARKET ST Philadelphia, PA 19139
4,052 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision West Philadelphia
MLS Listing ID PAPH2597754
HOA Y/N N
Annual Tax Amount $883
Tax Year 2024
Lot Size 4,052 Sqft
Acres 0.09
Property Sub-Type Land
Source BRIGHT
Property Description
Prime mixed-use development opportunity along the Market Street corridor in West Philadelphia, just moments from University City expansion. This offering includes three contiguous parcels totaling over 4,000 SF, zoned CMX-2, with 56' of frontage on a high-visibility corner at 53rd & Market Streets. Ideal for a commercial storefront at street level with residential rental units above, this site offers strong potential for both immediate income and long-term appreciation. Located just one short block from the Market-Frankford Line, the property provides convenient access to Center City and surrounding neighborhoods, an attractive feature for both tenants and business owners. Positioned within a federally designated Qualified Opportunity Zone (QOZ), this is a compelling option for investors seeking to maximize upside through strategic development and long-term hold potential. Buyer responsible for all due diligence regarding zoning, plans, and approvals.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax ID 871568930
Ownership Fee Simple
Special Listing Condition Standard
Claire Chivington
Realtor®, Team Leader | License ID: RS310609
+1(717) 606-2512 | claire@clairechivington.com