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$1,200,000
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Property Description
Are you looking for that once in a lifetime opportunity..???? Here you have an AMAZING opportunity because this one comes with a commercial zoning of CMX2. As you know this is the zoning that you want if you are looking to develop or expand in the area. There are several new buildings and New Construction opprtunities going up all over the area. This building is in a prime location that has a lot of traffic which will create great exposure for a future business opportunity. If you are looking to build a luxury apartment building, townhouses or condos here you tremendous opportunity to make something amazing! The front of the building has an established bar that has been in business for years and there is, of course, an opportunity to expand the bar business even more. Attached to the bar there is a lounge area that could be easily turned into a major money maker. The 1st floor has a maximum capacity of 285 people per the fire code. If that is not enough for you, there is even more opportunity with this building. The 2nd floor has the perfect space to create a banquet hall/catering event area or a separate private speakeasy or fine dining establishment. The 2nd floor has a separate door for guests to come and go! Also, on the 2nd floor you the capacity to entertain 224 people which create an amazing opportunity to own a building that can almost hold 500 people at a time. Meaning this building can accommodate large or small gatherings - weddings, corporate events, parties, etc. It has untapped potential for Investors looking to develop the property for many other uses. This is a great location in a neighborhood flourishing with transportation and development! This 2-story, commercial (CMX2 zoned), mixed-use corner property, located in West Philadelphia, is the perfect investment opportunity for those looking to own a prime piece of real estate in a developing neighborhood. This corner property boasts a prime location and there is more. This commercial building is also approved for 5 levels going upwards. This means that you can tear down the building and build new homes or keep the 1st level and add residential living on top of the bar/restaurant. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as University City, Center City and the Philadelphia suburbs. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress. Don't miss your chance to own a piece of West Philadelphia's thriving real estate market!
Full Property Details
Full Property Details for 5300 Market St
General
- Price: $1,200,000
- Taxes: $5,147 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2628354
- Updated: 6/3/2026
- Added to Site: 20 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Day Care Facility, Professio
Parking
- Parking Type: On Street
Location
- Area: 19139 (19139)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: From Lancaster Ave turn onto 54th St and then left onto Market St
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 5964
- Year Built: 1925
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,921
- Lot Size Source: Assessor
- Lot Dimensions: 35.00 x 83.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $201.21
- Assessment Year: 2026
- School Tax: $2,882
- City/TownTax: $2,264
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $367,700
- Tax Amount: $5,147
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 265
Listed by EXP Realty, LLC, Chris Griswold
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Schools
Schools serving 5300 Market St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Sayre William L Middle School 5800 Walnut Street, Philadelphia, PA 19139 | 9-12 | 0.6 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 5300 Market St
Date
Details
Price
Change
Source
6/03/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5300 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,147
—
$367,700
—
2024
$5,147
8%
$367,700
100%
2021
$4,754
-8%
-100%
2023
$5,195
9%
$371,100
9%
2020
$4,754
—
$339,600
—
2019
$4,754
—
$339,600
—
2018
$4,759
-7%
$340,000
-7%
2017
$5,118
—
$365,600
—
2016
$5,118
4%
$365,600
—
2015
$4,899
—
$365,600
—
2014
$4,899
4%
$365,600
662%
2013
$4,690
—
$48,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5300 Market St
5300 Market Street, Philadelphia, PA 19139 (MLS# PAPH2628354) is a Commercial Service property. 5300 Market Street is currently listed for $1,200,000 and was received on June 03, 2026. Want to learn more about 5300 Market Street? Do you have questions about finding other Commercial Service real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

