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$1,100,000
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Property Description
Don't Miss This Opportunity-The Legendary "Shirt Corner" Building is For Sale! Sellers are highly motivated, and the potential for this iconic property is unmatched. Located at 302 Market Street in the heart of Old City, Philadelphia, this 2,840 SF property is more than just a building; it's a rare chance to own a piece of Philadelphia's rich history while embracing the vibrant energy of this dynamic neighborhood. Old City is renowned for its thriving restaurant scene, bustling nightlife, and high foot traffic, making this corner-lot property ideal for a retail business or restaurant. Currently a 2-story structure, the building is already engineered to support two additional floors, giving you room to expand and bring your unique vision to life. Imagine creating a retail space, an upscale eatery, or a franchise location in one of the city's most desirable areas! With a modern, full-height, finished basement and rear yard access to 3rd Street, this property is primed for success. Whether you're an investor or a visionary entrepreneur, this gem in Old City
Full Property Details
Full Property Details for 302 Market St
General
- Sold For: $1,100,000
- Taxes: $3,412 (2025)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2369430
- Added to Site: 625 day(s) ago
Business
- Business Type: Professional, Restaurant/Bar, Other/General Retail
Parking
- Parking Type: None
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: 3rd and Market Street intersection
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick
- Stories/Levels: 0
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,760
- Lot Size Source: Assessor
- Lot Dimensions: 22.00 x 80.00
- Zoning: CMX3
Financial Considerations
- Price Per Sq. Ft.: $387.32
- Assessment Year: 2025
- School Tax: $1,911
- City/TownTax: $1,501
- City/TownTax Freq: Annually
- Tax w/Assessment: $243,784
- Tax Amount: $3,412
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 53
Listed by National Realty Old City LLC - PA, Billy Creagh
Sold by Unrepresented Buyer Office, Unrepresented Buyer
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Schools
Schools serving 302 Market St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.5 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 Market St
Date
Details
Price
Change
Source
6/16/2025
Sold
$1,100,000
-3.51%
MLS
12/06/2024
Price Reduced
$1,139,999
-4.92%
MLS
11/23/2024
Price Reduced
$1,199,000
-7.7%
MLS
11/16/2024
Price Reduced
$1,299,000
-5.53%
MLS
10/13/2024
Price Reduced
$1,375,000
-1.72%
MLS
9/17/2024
Price Reduced
$1,399,000
-3.45%
MLS
8/22/2024
Price Reduced
$1,449,000
-1.76%
MLS
7/26/2024
Listed
$1,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
302 Market Street, Philadelphia, PA 19106 (MLS# PAPH2369430) is a Retail property that was sold at $1,100,000 on June 16, 2025. Want to learn more about 302 Market Street? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

