$25,000

Property Description

Welcome to a rare and exciting real estate opportunity in the heart of Philadelphia, PA. two adjacent lots, 5421 Market Street(42K) and 5423 Market Street(42K), available for individual purchase or as a combined package(84K). These lots are zoned CMX-2 (Commercial Mixed Use), each lot is 15 X 66 - Zoned CMX-3 for commercial and residential development - Potential to build a 3-story rowhouse* or single-unit mixed-use building (retail/office on the first floor with living space above). - Great for a **small storefront**, such as a boutique or cafe, with an upper-level apartment or office. - Prime investment opportunity in a growing area. -Combined Lots (30' x 132') - If Both Purchased: - Ideal for multiple rowhouses or a larger mixed-use building (e.g., retail/office on the ground floor, 8-12 apartments above). - 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. - Maximize space with rear yard access or shared parking, depending on the project. Key Highlights: - CMX-3 zoning offers flexibility for residential and commercial uses - Central location, great for developers seeking to capitalize on high-demand housingor mixed-use investments.

Property Facts & Features

Property Type

Land

Status

Active

Listed

Jan 22, 2025

ZIP Code

19139

Property Tax (2026)

$347/yr

Assessed Value

$24,800

Last Sold

$10,706 · Aug 24, 2020

Neighborhood

West Philadelphia

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.96079 · Lng -75.22944