2434 RIDGE AVENUE 38, PHILADELPHIA, PA 19121
PHILADELPHIA County
Key Facts
Description
Excellent investment opportunity in the rapidly redeveloping Sharswood/Brewerytown corridor. This CMX-2 zoned property sits on a 50 x 80 lot and offers 3,300 SF of interior space. Built in 1970, the masonry structure is currently used as a religious facility with a large open sanctuary, multiple restrooms, and office/storage space. With CMX-2 zoning, the property offers flexibility for a wide range of uses, including continued community or religious use, mixed-use development, multifamily, or retail. The location provides strong long-term growth potential. Situated along the Ridge Avenue commercial corridor, the property is surrounded by new residential and commercial development. It offers excellent access to public transportation with nearby bus routes and Broad Street Line stations, and it is just minutes from Center City, Temple University, Girard College, and Fairmount Park. Major attractions such as the Philadelphia Zoo, the Art Museum, and Kelly Drive are also close by, adding to the appeal for residents and visitors. With ongoing investment in the neighborhood, this site is well-positioned for developers, investors, or owner-users seeking a versatile property in one of Philadelphia’s most active redevelopment areas. The property is being sold in as-is condition.
Property Information
Property Type
Commercial Sale
Year Built
1970
Living Area
3,300 sq ft
Lot Dimensions
50.00 x 80.00
Zoning
CMX2
Days on Market
172
MLS® Listing#
PAPH2542010
Property Features
Appliances
Cooling
Heating
Parking
Sewer
Water Source
Schools
- District:
- PHILADELPHIA CITY
Financial Details
Parcel Number
772211000
Directions
Take Kelly Dr, Martin Luther King Jr Dr and W Strawberry Mansion Dr to Ridge Ave
Affordability Calculator
$63,000
Estimated monthly payment
$1,677/mo
Principal $252,000 · Est. interest $351,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in PHILADELPHIA, PA
- $302,964
- Median Listing Price
- 85
- Median Days on Market
- 1,344
- Median Sq Ft
- $196
- Median Price / Sq Ft
- 5,939
- Active Listings
- This home’s price is 4% above the area median.
- Its price per sq ft is 51% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in PHILADELPHIA, PA.
Location
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Moving Cost Estimate
EXIT Agents in PHILADELPHIA
Listing Courtesy: Compass RE - 6108223356