Property

Philadelphia, PA 19131 5840 Master Street

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Presented By: EXP Realty, LLC
  • MLS# PAPH2424328
  • 12/02/2024
  • Request Tour
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  • SQFT • 3,102

Home Details

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 Philadelphias #loveyourpark initiative! Also located just minutes away from I-76, Center City, University City, Fairmount Park, Boathouse Row, the Art Museum & Philadelphia Zoo. So dont miss out, schedule your appointment today!
Presented By: EXP Realty, LLC

Interior Features for 5840 Master Street

Bathrooms

Total Restrooms5

Other Interior Features

Central Air Y/NYes
FlooringCeramic Tile, Hardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 5840 Master Street

Acceptable FinancingCash, Conventional, Private
Accessibility2+ Access Exits
Business TypeApartment Building, Banquet Facility/Lodge, Bed and Breakfast, Convenience Store/Gas, Day Care Facility, Hair Salon and Spa, Medical, Other/General Retail, Professional, Religious Facility, Supermarket/Grocery
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn the Corner of N 59th Street & W Master Street
DisclosuresLead Based Paint - State, Prop Disclosure
FULLFee Simple
HeatingForced Air
Lease Considered Y/NNo
Location TypeCorner Lot/Unit
Lot Size Square Feet1458.00
Lot Size UnitsSquare Feet
MLS Area19131 (19131)
ModificationTimestamp2024-12-02T23:52:12
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
PossessionNegotiable
Possible UseBarber/Beauty, Bed & Breakfast, Day Care, Convenience Store, Church, Clothing, Food & Beverage, Food Market, Florist/Nursery, Institutional, Mixed Use, Office, Professional Service, Restaurant, Spa, Special Purpose
Price Per Sq Ft Total AG96.71
Property ConditionAverage
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCARROLL PARK
Tax Annual Amount2268.0
Tax Assessed Value170600.0
Tax Lot86
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningCMX1
Zoning DescriptionCommericial Mixed Use

Exterior for 5840 Master Street

Building Area Total3102.00
Car Parking Spaces
Fencing Y/NY
InclusionsSome items are negotiable, please contact the listing agent for more details
Land Assessed Value34100.00
Land Use CodeY50
Lot Dimensions20.00 x 75.00
Lot FeaturesCorner, Rear Yard
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $300,000
MLS#PAPH2424328
List Date 12/02/2024
Property Type Commercial
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