5421 MARKET Street Philadelphia, PA 19139
- Added:
- Jan 23, 2025
- Days on Market:
- 470
- Last Refresh:
- May 8 at 4:06 pm
Property Features for 5421 MARKET Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 347
Listing agent Deidre M Quinn License #RS276819 (267) 225-3678
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Jan 23, 2025
MLS# PAPH2438076
Listing URL
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HighLights
- CMX‑3 zoning allows for flexible commercial and residential development.
- Opportunity to purchase two adjacent lots, either individually or combined.
- Potential for a 4‑6 rowhouse development or larger mixed‑use building if both lots are purchased.
- Ideal for a small storefront with an upper‑level apartment or office.
- Prime investment opportunity in a growing area of Philadelphia.
- Central location is great for developers seeking to capitalize on high‑demand housing or mixed‑use investments.
Overview
Philadelphia Land Development Opportunity
Located in Philadelphia, PA, two adjacent lots at 5421 and 5423 Market Street are available for purchase individually or as a combined package. Each lot measures 15 x 66, totaling approximately 0.0228 acres. Zoned CMX-3, these lots offer flexibility for commercial and residential development, with the potential to construct a three-story rowhouse or a single-unit mixed-use building featuring retail or office space on the first floor and living space above. The zoning allows for a small storefront, such as a boutique or cafe, with an upper-level apartment or office. The combined lots, measuring 30 x 132, are ideal for multiple rowhouses or a larger mixed-use building with retail or office space on the ground floor and 8-12 apartments above. This presents an opportunity to create a 4-6 rowhouse development with modern design. The location is suitable for medium-density multifamily housing, commercial spaces, or apartment rentals, with the potential to maximize space with rear yard access or shared parking, depending on the project. The CMX-3 zoning offers flexibility for residential and commercial uses, making it suitable for developers seeking to capitalize on high-demand housing or mixed-use investments.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.229454
- Latitude
- 39.960781
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Two adjacent lots zoned CMX-3 for mixed-use development.
Where is this commercial land located?
The property is located at 5421 MARKET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $37,000.
What are key features of this property?
This property features: CMX‑3 zoning allows for flexible commercial and residential development.; Opportunity to purchase two adjacent lots, either individually or combined.; Potential for a 4‑6 rowhouse development or larger mixed‑use building if both lots are purchased.
