302 Market Street
The legendary "Shirt Corner" building is for sale, offering a rare development opportunity in the heart of Old City, Philadelphia. Located at 302 Market Street, this 2,840 SF property is nestled in a vibrant neighborhood known for its rich history, trendy restaurants, and bustling nightlife. The corner lot boasts high foot traffic, making it an ideal spot for a retail business or restaurant. The existing 2-story structure, built in 2018, is engineered to support the addition of two more floors, expanding the building size to 3,960 SF. This property, perfect for a franchisee, retail business, or eatery, includes a modern, full-height, finished basement and a rear yard with access to 3rd Street. With a zoning of CMX-3 and a building FAR of 2.25, the site offers significant potential for growth. Currently 33% leased, the building features 22 feet of frontage on Market Street, ensuring excellent visibility. This is a prime investment or owner-user opportunity in one of Philadelphia's most historic and dynamic areas.
