5300-02 MARKET ST, Philadelphia, PA 19139
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5300-02 MARKET ST, Philadelphia, PA 19139
5300-02 MARKET ST, Philadelphia, PA 19139
5300-02 MARKET ST, Philadelphia, PA 19139
5300-02 MARKET ST, Philadelphia, PA 19139
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Listed by Nathan S Naness • KW Empower
$ 699,900
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5300-02 MARKET ST Philadelphia, PA 19139

2,921 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Walnut Hill

MLS Listing ID PAPH2667994

Year Built 1925

Annual Tax Amount $5,147

Tax Year 2025

Lot Size 2,921 Sqft

Acres 0.07

Lot Dimensions 35.00 x 83.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

AN ENTREPRENEURIAL OPPORTUNITY — CREATE YOUR OWN BAR, RESTAURANT & ENTERTAINMENT VENUE. At Market Street and 53rd Street, steps from the 52nd Street Market-Frankford Line entrance, this two-story property offers an opportunity to create something different. A liquor license is available, and the stated approved occupancy totals 509 people — 285 on the first floor and 224 on the second. The first floor has a bar, lounge seating and a restaurant kitchen, offering a starting point for your own concept. The second floor has a separate entrance and opens the door to an entirely different use — a private lounge, entertainment venue, event space or another concept that fits your vision. TWO FLOORS. TWO ENTRANCES. TWO CONCEPTS. ONE OPPORTUNITY TO BUILD YOUR OWN BUSINESS. The existing business is not what you're buying. You're creating your own. Bring your vision, experience and ambition and turn this unusual property into something of your own. Real estate offered at $699,900; liquor license available separately or as part of a negotiated package. Buyer to verify licensing, occupancy and permitted uses.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Ductless/Mini-Split

Inclusions Kitchen Equipment

Heat Source Electric

Exterior

Water Access N

Street Surface Paved

Accessibility Level Entry - Main

Garage N

Building

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882573005

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Kayla Treese

Kayla Treese

REALTOR® License ID: RS374824

+1(484) 215-4766

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5300-02 MARKET ST