610-585-4700
1301-1315 Market St, Philadelphia, PA for Sale
Commercial LAND - FOR SALE
1/2
33,106 SF

1301-1315 Market St
Philadelphia, PA 19107
Center City East


HIGHLIGHTS

  • Trophy CBD Location.
  • Passive income from in-place parking lot.
  • CMX-5 most flexible and dynamic zoning allowance.
  • Adjacent demand drivers include City Hall, Convention Center, Reading Terminal Market.

OVERVIEW

1301–1317 Market Street represents a rare, irreplaceable Central Business District land position at the civic core of Philadelphia. Located directly adjacent to City Hall and the Pennsylvania Convention Center, the Property occupies one of the most prominent, transit oriented, and heavily trafficked sites in the city—an address that cannot be recreated and is fundamentally supply constrained. The Property is currently improved as a surface parking facility, providing stable in place income while preserving full future development optionality. This structure allows an owner to generate near term cash flow while advancing entitlement, design, or timing strategies, offering a compelling combination of income durability and strategic flexibility. Zoned CMX 5, Philadelphia’s highest density and most versatile commercial zoning classification, the site supports a wide range of uses, including hotel, residential, mixed use, retail forward development, trophy office, medical or institutional facilities, structured parking, and cultural or civic uses. The scale, frontage, and zoning framework enable multiple executable outcomes across market cycles. Situated at the epicenter of Philadelphia’s most significant civic gatherings — including major parades, races, festivals, and citywide celebrations—the Property benefits from unmatched visibility, sustained pedestrian volume, and proximity to the region’s core tourism, employment, and transportation nodes. 1301–1317 Market Street offers investors control of a generational CBD site with multiple viable exit strategies and enduring relevance as Philadelphia’s urban core continues to evolve.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Office

LAND ACRES

0.76 AC

LAND SF

33,106 SF

OFFSITE IMPROVEMENTS

-

ZONING

CMX5

APN/PARCEL ID

885754640,885754720,885754780

ASK ABOUT THIS PROPERTY

Larry SteinbergColliersMore Info
610-585-4700

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Larry SteinbergColliersMore Info
610-585-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.