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Listed by Carmine Rauso • Keller Williams Main Line
$450,000
Est. payment /mo
4,052 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Subdivision West Philadelphia
MLS Listing ID PAPH2597832
Year Built 1900
Annual Tax Amount $883
Tax Year 2024
Lot Size 4,052 Sqft
Acres 0.09
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source Natural Gas Available
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871568930
Ownership Fee Simple
Special Listing Condition Standard
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