5840 MASTER ST Active

Philadelphia,PA 19131

$ 300000

- Bed

- Bath

3102 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,102 sqft

Price per Sqft $96

Subdivision Carroll Park

MLS Listing ID PAPH2424328

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,268

Tax Year 2024

Lot Size 1,458 Sqft

Acres 0.03

Lot Dimensions 20.00 x 75.00

Property Description

This is a great opportunity for a mixed-use investment property with many possibilities!
It has great potential for a daycare, a beauty salon/barber shop, a spa or nail salon, a restaurant or a bed & breakfast, a studio, a music lounge, a retail store, an event space, or an office space. It was formerly being used as an event space for baby showers, birthday & anniversary parties & pop-up shops.
This property has 3 levels and each unit has its unique features.
The main entrance features a reception area, 2 pickup windows, a multi-purpose space plus 2 half baths.
The first level also has side entry access that leads directly to the second level for more multi-purpose space with 2 half baths, a food serving bar & a pick-up window from a fully equipped kitchen that features a range oven with grill, 2 deep fryers, and more.
On the partially finished 3rd level loft/ multi-purpose space, there is a full bath with a stall shower & shower seat bench and the office space/sitting area is waiting for your final design touches.
A new roof was installed in 2020, basement is a great area for storage. This property is in a great location, within walking distance of the beautifully kept Carroll Park where the neighbors take pride in making it a place to relax, have fun & enjoy & are part of Philadelphia’s #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So don’t miss out, schedule your appointment today!

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile,Hardwood

Inclusions Some items are negotiable, please contact the listing agent for more details

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Lot Description Corner,Rear Yard

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871056400

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional,Private

Listing Terms Cash,Conventional,Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

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