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5301 Market St

Philadelphia PA 19139

1072 sq. ft.
Land
Currently for sale - view listing

Overview

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 16’ 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. 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.

Features

1072 sq. ft. lot size
Land

Property history for 5301 Market St

2020
Sold
$220,000
08 Apr 2020
2018
Sold
$205,000
15 Nov 2018 by Eric Feinberg, of Keller Williams Realty Group

Happy sellers in Philadelphia

80%
80% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for land plots in Philadelphia

In the last 12 months, 4 land plots similar to 5301 Market St, have been sold.

This represents a 67% increase in land plots sales when compared to the previous 12 months.

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