5421 MARKET Street Philadelphia, PA 19139

Listing Agency EXP Realty, LLC p***@exprealty.net Show Phone

630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA

Listed by Deidre M Quinn · License #RS276819 Show Phone

Added: Jan 23, 2025 Checked: Jul 18 at 12:06 am

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MLS# PAPH2438076 Listing URL

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Investment Insights

Based on property information with market context.

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, zoned CMX-3 (Commercial Mixed Use), measures 15 X 66, offering the potential to construct a 3-story rowhouse or a single-unit mixed-use building with retail or office space on the first floor and living space above. The combined lots, measuring 30' x 132', present an ideal opportunity for multiple rowhouses or a larger mixed-use building, such as retail or office space on the ground floor with 8-12 apartments above. This allows for the creation of a 4-6 rowhouse development with modern design. The zoning provides flexibility for residential and commercial uses, making it suitable for medium-density multifamily housing, commercial spaces, or apartment rentals. Depending on the project, there is potential to maximize space with rear yard access or shared parking. The central location is advantageous for developers looking to capitalize on high-demand housing or mixed-use investments. The property is great for a small storefront, such as a boutique or cafe, with an upper-level apartment or office.

Key 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.

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FAQs

What type of property is this?

Commercial land - Two adjacent lots zoned for commercial and residential 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 $30,000.

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.