5423 Market Street
Philadelphia, PA 19139
- – beds
- – baths
- – sqft
- 993 sqft lot
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 café, 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.
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Jan 24, 2025
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MLS# PAPH2438090 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:0-30 Days CD
Location
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Directions:Market St between 54 and 53rd St
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Latitude:39.96078873
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Longitude:-75.22950745
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:15.00 x 66.00
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Lot Dimensions Source:Assessor
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Lot SqFt:993 Sqft
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Additional Parcels:No
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Zoning:CMX2
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:SC
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 844-0843
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:885019800
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Tax Year:2024
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Tax Annual Amount:$208
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Tax Assessed Value:$14,900
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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1/23/25
Jan 23, 2025
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Listed / Active | BRIGHT | $42,000 |