5300 Market St, Philadelphia, PA 19139

$699,900

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List Price
$699,900
Days on Market
12
MLS#
PAPH2667994
Status
ACTIVE
Type
Commercial
Year Built
1925
County
Philadelphia
Region
19139 (19139)
Neighborhood
Walnut Hill
Subdivision
Walnut Hill

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

Acres
0.07
Lot Size
3,049
Cooling
Ductless/Mini-Split
Heating
Radiator
Taxes
$5,147

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