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 20’ of frontage directly on Market Street. 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.
Lot/land
$160,000
5305 Market St, Philadelphia, PA 19139
--beds
--baths
1,614Square Feet
Unimproved Land
Built in ----
1,614 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 162 days
- 6
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Carmine Rauso 610-420-9979,
Keller Williams Main Line 6105200100,
Co-Listing Agent: Debbie Rauso 610-420-4454,
Keller Williams Main Line
Source: Bright MLS,MLS#: PAPH2597770
Facts & features
Property
Features
- Frontage length: Road Frontage: 20
Lot
- Size: 1,614 Square Feet
- Dimensions: 20.00 x 82.00
Details
- Parcel number: 885000248
- Zoning: CMX2
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: West Philadelphia
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $40,400
- Annual tax amount: $565
- Date on market: 3/20/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,539/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listed for sale | $160,000+300% |
Source: | ||
| 3/28/2005 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $372 -57.8% | $26,600 -57.8% |
| 2024 | $883 | $63,100 |
| 2023 | $883 +69.2% | $63,100 |
| 2022 | $522 | -- |
| 2021 | $522 +0.8% | -- |
| 2018 | $518 +242.6% | -- |
| 2017 | $151 -82.9% | -- |
| 2016 | $885 +138.5% | -- |
| 2015 | $371 | -- |
| 2014 | $371 | $26,500 |
Find assessor info on the county website




