5305-00 Market St,PHILADELPHIA, PA 19139
PHILADELPHIA, PA 19139
Description
Prime mixed-use development opportunity along the Market Street corridor in West Philadelphia, just moments from University City expansion. This offering is zoned CMX-2, with 20' of frontage directly on Market Street. 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. Property can also be purchased as part of a package deal with 2 adjacent parcels, offered at $450,000 (see MLS ID PAPH2597754). Buyer responsible for all due diligence regarding zoning, plans, and approvals.
Details
| MLS # | PAPH2597770 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 181 |
| Listing Provided By | Keller Williams Main Line | Carmine Rauso |
Features
| Zoning | CMX2 |
|---|---|
| Acreage | 0.04 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 565 |
|---|
Area Information
| 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: $160,000 low | high Med: $132,500 On site: 181 low | high Med: 140 | |
Market Activity 19139
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Learn More About This Property
| 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: $160,000 low | high Med: $132,500 On site: 181 low | high Med: 140 | |
