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Listed by Lacenia Bridges • Realty Mark Associates

$1,900,000

Est. payment - /mo

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16,875 SqFt

Price Dropped by $799K

1409-17 W MASTER ST Philadelphia, PA 19121

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Vince Capriotti

properties@thecapriottigroup.com +1(609) 923-1065

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 16,875 sqft

Price per Sqft $112

MLS Listing ID PAPH2294136

Year Built 1899

Tax Year 2022

Lot Size 5,719 Sqft

Acres 0.13

Lot Dimensions 76.00 x 75.00

Property Sub-Type Other

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Interior

Hot Water Oil

Heating Radiator

Cooling None

Heat Source Oil

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Lot Description Corner

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 772165000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Vince Capriotti

REALTOR® | License ID: 1753769

+1(609) 923-1065

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1409-17 W MASTER ST Philadelphia, PA 19121

Vince Capriotti

Key Details

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Interior

Exterior

Building

Schools

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1409-17 W MASTER ST