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4021-25 Market St Philadelphia, PA 19104

For Sale
$3,350,000

Commercial Sale - PHILADELPHIA, PA

Type:Retail
Lot size:
0.30 Acres
Days on Market:
35
Last Refresh:
Dec 7 at 5:06 pm

Property Features for 4021-25 Market St

General Information

Property type
Other
Property subtype
Retail
Standard status
Active
Parking features
On Street
Lot size
0.30 Acres

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1915
Building materials
Masonry

Mallin Panchelli Nadel Realty, Inc. (215) 413-4900 [email protected]

Listing agent Veronica Gintel Blum (267) 238-1728 License #RS290724

Listing date Nov 3, 2025

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

University City Development Opportunity

Located in the heart of University City, the property at 4021-25 Market Street & 4024-26 Filbert Street presents a development opportunity. The property comprises three parcels, each with two-story buildings and basements, interconnected by stairwells and doorway openings. The Market Street parcels offer 60' of frontage, extending from Market Street to Filbert Street, with garage access at the rear. The Filbert Street property extends approximately half the block's length towards Market Street. Currently, a furniture store leases the property on a month-to-month basis, requiring a 30-day notice to vacate. Zoned CMX-4, the properties allow for diverse development, including multi-family housing, adult and child care facilities, community centers, government administration offices, business and professional offices, retail and restaurant spaces, and research and development businesses. The location within a Qualified Opportunity Zone offers investors a potential deferral of capital gains tax payments until 2026. The SEPTA Market-Frankford subway line, with a station at 40th Street, is half a block away, providing access to the 69th Street Transportation Center, Center City, and other Philadelphia locations. The properties are situated in a Mixed Income Overlay District, featuring a large open floor plan, 16' ceiling heights, rear loading access off Filbert Street, a large basement, and wide staircases. The location is pedestrian and biker-friendly, with access to the Market Street bike lane. Nearby neighbors include Penn Medicine, University of Pennsylvania, Drexel University, HUB on Chestnut, The Radian, Shoppes at Penn, Ronald McDonald House and various restaurants.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.20278931
Latitude
39.9575386

FAQs

What type of property is this?
Commercial land - Three parcels in Qualified Opportunity Zone near University of Pennsylvania.
Where is this commercial land located?
The property is located at 4021-25 Market St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: - Prime development opportunity in the heart of University City with CMX-4 zoning, allowing for diverse development options.; - Located in a Qualified Opportunity Zone (QOZ), offering potential capital gains tax deferral benefits until 2026.; - Excellent location: 60' of frontage on Market Street and proximity to the 40th Street SEPTA Market-Frankford subway station.
More about this property
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