5300 Market St, Philadelphia, PA 19139

$699,900

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List Price
$699,900
Status
ACTIVE
Days on Market
3
MLS#
PAPH2667994
Year Built
1925
Lot Size
3,049
Acres
0.07
Subdivision
Walnut Hill
Neighborhood
Walnut Hill
MLS Area Major
19139 (19139)

Property Description

Prime West Philadelphia corner commercial property at Market Street and 53rd Street. Approximately 5,964 SF two-story masonry building with full basement, CMX-2 zoning and excellent visibility directly adjacent to the Market-Frankford Line. The property offers a large, flexible footprint with multiple entrances and many possible commercial uses. Approved occupancy is 509 people — 285 on the first floor and 224 on the second floor — a substantial capacity that is not easy to find. Formerly operated as a bar/restaurant, the property is being offered primarily as real estate for $699,900. An existing liquor license is also available separately as an added opportunity for a qualified buyer. Buyer to conduct their own due diligence regarding zoning, permitted uses and future development potential.

Additional Information

Taxes
$5,147
Zoning
CMX2
Heating
Radiator
Air Conditioning
Ductless/Mini-Split
Foundation
Stone, Brick/Mortar
School District
Philadelphia City

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: vicki@kwempower.com