Prime mixed-use development opportunity along the Market Street corridor in West Philadelphia, just moments from University City expansion. This offering includes three contiguous parcels totaling over 4,000 SF, zoned CMX-2, with 56' of frontage on a high-visibility corner at 53rd & Market Streets. Ideal for a commercial storefront at street level with residential rental units above, this site offers strong potential for both immediate income and long-term appreciation. Located just one short block from the Market-Frankford Line, the property provides convenient access to Center City and surrounding neighborhoods, an attractive feature for both tenants and business owners. Positioned within a federally designated Qualified Opportunity Zone (QOZ), this is a compelling option for investors seeking to maximize upside through strategic development and long-term hold potential. Buyer responsible for all due diligence regarding zoning, plans, and approvals.
| MLS # | PAPH2597754 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 178 |
| Listing Provided By | Keller Williams Main Line | Carmine Rauso |
| Zoning | CMX2 |
|---|---|
| Acreage | 0.09 |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 883 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| Community Name | WEST PHILADELPHIA |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in WEST PHILADELPHIA) | |
Price: $450,000 low | high Med: $132,500 On site: 178 low | high Med: 137 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| Community Name | WEST PHILADELPHIA |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in WEST PHILADELPHIA) | |
Price: $450,000 low | high Med: $132,500 On site: 178 low | high Med: 137 | |