1409 W Master Street
Philadelphia, PA, 19121 $ 2,700,000
Baths0.0 Sq 16,875 Monthly Estimate*
$ 18,860
Studio
for $2,700,000. This 16,875 square foot building was built in 1899 on a lot size of 0.13.
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.
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FeaturesInteriorHeating Fuel Oil
Hot Water Oil
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 2
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GeneralSewer 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
Municipality PHILADELPHIA
Business Type Religious Facility
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Broad to Master turn toward N Carlisle Street
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
Waterfront Y/N N
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 N
Lease Considered Y/N N
Vacation Rental Y/N N
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 N
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ExteriorLot Features Corner
Water Source Public
Type of Parking On Street
Foundation Details Stone
Water View Y/N N
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 N
Water Oriented Y/N N
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* Excluded FeaturesList ByRealty Mark AssociatesBroker
nairae2002@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,860
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $953,837
Percent of Sale Price 65%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/3/2023 | $2,700,000 | | Listed Price |