$25,000

Property Description

Welcome to a rare and exciting real estate opportunity in the heart of Philadelphia, PA. We are pleased to present 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). Got it! Here's a revised set of bullet points with **rowhouses** included, better aligned with the area's potential and zoning: Single Lot (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

Neighborhood

West Philadelphia

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.96080 · Lng -75.22949