
Mixed-Use Land for Sale in Philadelphia, Pennsylvania
5421 Market St, Philadelphia, PA 19139
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.
Location
- Street address
- 5421 Market St
- County
- Philadelphia County
- School district
- The School District of Philadelphia
- Elevation
- 112 feet
Property details
- Lot size
- 0.02 acres871 sq ft
- MLS #
- TREND PAPH2438076
- Posted
Property taxes
- Recent
- $347
Parcels
- 061N060121
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 6, 2025 | Price drop | $37,000 | $5,000 -11.9% | TREND |
| Jan 23, 2025 | New listing | $42,000 | — | TREND |