5423 MARKET Street Philadelphia, PA 19139
- Added:
- Jan 23, 2025
- Days on Market:
- 470
- Last Refresh:
- May 8 at 9:06 am
Property Features for 5423 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# PAPH2438090
Listing URL
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HighLights
- CMX‑3 zoning allows for flexible commercial and residential development.
- Opportunity to build multiple rowhouses or a larger mixed‑use building by combining both lots.
- Potential to construct a 3‑story rowhouse or mixed‑use building on a single lot.
- Ideal for storefront with upper‑level apartment or office.
- Central location in a high‑demand area for housing and mixed‑use investments.
- Potential for rear yard access or shared parking depending on the project.
Overview
Philadelphia Land Opportunity
Located in Philadelphia, PA, two adjacent lots at 5421 Market Street and 5423 Market Street are available for purchase individually or as a combined package. The lots are zoned CMX-2 (Commercial Mixed Use). A single lot measures 15' x 66' and is zoned CMX-3 for commercial and residential development. It has the potential to build a 3-story rowhouse or single-unit mixed-use building, such as a small storefront like a boutique or cafe, with an upper-level apartment or office. The combined lots, if both are purchased, measure 30' x 132'. They 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. There is an opportunity to create a 4-6 rowhouse development with modern design and high market appeal, perfect for medium-density multifamily housing, commercial spaces, or apartment rentals. The CMX-3 zoning offers flexibility for residential and commercial uses. The central location is 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
- -75.2295075
- Latitude
- 39.9607887
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Two adjacent lots available for purchase in Philadelphia, PA.
Where is this commercial land located?
The property is located at 5423 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 build multiple rowhouses or a larger mixed‑use building by combining both lots.; Potential to construct a 3‑story rowhouse or mixed‑use building on a single lot.
