1301-1317 Market Street

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.

Available