Address
1409 W Master Street, Philadelphia, PA
Price
$ 2,700,000
Property Attributes
- MLS#PAPH2294136
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19121
- Zip19121
- StyleReligious Facility
- Price$ 2,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage16875
- Lot Size5,663 SqFt
Data Source:
Bright MLS
Property Description
Exceptional Redevelopment Opportunity in a Prime Central Location! This remarkable property offers a unique investment prospect that should not be overlooked. Dating back to 1873, this historic church, with a documented century-long history, holds immense potential for revitalization and adaptation into various exciting possibilities. Situated just a few miles from Center City Philadelphia, it boasts a strategic location near prominent landmarks such as the Art Museum, Franklin Institute, Boathouse Row, Fairmount Park, the Philadelphia Zoo, and the Community College of Philadelphia. Nestled within the burgeoning Cabot neighborhood, this property is at the crossroads of Temple Town, Brewery Town, and Yorktown, with proximity to Temple University and adjacent to The Freedom Theater, and the Colombia North YMCA. Notably, it's less than a block away from Broad Street, granting easy access to public transportation by bus or train, as well as being adjacent to a city bike-share location. With Philadelphia International Airport just 13 miles away and its convenient access to New Jersey, this property offers convenience on multiple fronts. The area has seen substantial new construction and redevelopment, transforming it into a vibrant and rejuvenated community. The Church's architecture is characterized by a captivating combination of stone, brick, and stucco, featuring grand stained-glass windows and a spacious double-wide front entrance. This property is being sold as-is, providing a blank canvas for your creative ideas and designs, with countless possibilities for future use. This corner lot opportunity is exceptionally rare in this sought-after location, making it an opportunity you can't afford to miss. The current zoning is CMX2, prospective buyers should conduct thorough due diligence regarding zoning and variances, but the potential here is truly remarkable.
| Price History | |
|---|---|
| 11/3/2023 | Listed $2,700,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | None |
| Possession | Immediate |
| Zoning | CMX2 |
| Construction Materials | Masonry |
| Year Built | 1899 |
| Electric | 100 Amp Service |
| Property SubType | Other |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Religious Facility |
| Accessibility | 2+ Access Exits |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile,Commuter Rail Station less than 1 mile |
| Status | ACTIVE |
| Directions | Broad to Master turn toward N Carlisle Street |
| ModificationTimestamp | 2024-04-17T16:16:42 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| Zoning Description | Base zoning CMX-2,Commercial Mixed-Use |
| MLS Area | 19121 (19121) |
| Lot Size Square Feet | 5719.00 |
| Tax Assessed Value | 0.0 |
| Waterfront Y/N | No |
| Street Name | MASTER |
| Tax Annual Amount | 0.0 |
| Property Condition | Below Average |
| Price Per Sq Ft | 160.0 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 180 |
| Location Type | Corner Lot/Unit |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 113 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Oil |
|---|---|
| Hot Water | Oil |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Total Restrooms | 2 |
Exterior Features
| Lot Features | Corner |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | WB0 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Building Area Total | 16875.00 |
| Lot Dimensions | 76.00 x 75.00 |
| Lot Size Acres | 0.13 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 0.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19121
Price
Visits
Year Built
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