5423 MARKET Street Philadelphia, PA 19139

Listing agent Deidre M Quinn License #RS276819 Show Phone

Listing office EXP Realty, LLC p***@exprealty.net 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA Show Phone

Listing date Jan 23, 2025

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MLS# PAPH2438090 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. The lots are zoned CMX-2 (Commercial Mixed Use). Each single lot measures 15' x 66' and is zoned CMX-3 for commercial and residential development. The zoning allows for the potential to build a 3-story rowhouse or a single-unit mixed-use building with retail or office space on the first floor and living space above. A single lot is suitable for a small storefront, such as a boutique or cafe, with an upper-level apartment or office. The combined lots, if purchased together, measure 30' x 132' and 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. The combined lots offer the 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 location is central, making it suitable for developers seeking to capitalize on high-demand housing or mixed-use investments. The lot size is 0.0228 acres.

Key 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.

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FAQs

What type of property is this?

Commercial land - Two adjacent lots in Philadelphia, PA, for sale.

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 $30,000.

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.