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Are you in search of a one-of-a-kind investment opportunity in the thriving Tioga neighborhood of Philadelphia? Look no further than this expansive 37,183 sq ft commercial property, formerly a school and church conversion, located just off Erie Ave amidst a landscape of new construction and updated buildings. This versatile property is a true gem with endless potential for creative redevelopment. **Property Highlights:** **Two Distinctive Buildings:** This property boasts two separate buildings, each with its own distinct character and potential uses. **Former School Building:** - Four-story structure with a rich history. - Spacious layout featuring 4-5 classrooms on each floor. - Bathroom facilities on every floor for added convenience. - A large, fully equipped kitchen area on one floor, perfect for communal or culinary use. - The top floor includes a small kitchenette. - Abundance of natural light floods in through expansive windows. - Historic charm and architectural details that add character to the space. - Impressive 10-foot-high ceilings provide a sense of spaciousness. **Former Church Building (Current Gym):** - A remarkable transformation of a historic church into a contemporary gym. - Equipped with a modern HVAC system for year-round comfort. - Spread over two floors, offering versatile use possibilities. - Features two separate stages, ideal for performances, presentations, or events. - Two full-sized basketball courts for athletic activities and events. - A small field area in the basement provides additional flexibility. - Possibility to create amenity space or optimize the unit count based on your vision. **Additional Features:** - Fenced parking lot for secure and convenient parking. - Proximity to new construction and updated buildings enhances the investment potential. - Ample office spaces throughout the property offer flexibility for various uses. - An abundance of open space and historic charm provides a unique canvas for creative redevelopment. - This property offers immense potential for conversion into residential units, taking advantage of the high ceilings and large windows. Whether you are an investor looking for a versatile property with potential for residential conversion or a developer seeking to create a unique living space, this former school and church conversion property in Tioga offers a wealth of opportunities. Don't miss your chance to own a piece of Philadelphia's history while contributing to the neighborhood's vibrant future. Act now and turn your vision into reality!
DAYS ON MARKET | 416 | LAST UPDATED | 10/23/2023 |
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TRACT | NORTH CENTRAL | YEAR BUILT | 1922 |
COMMUNITY | 19140 (19140) | COUNTY | PHILADELPHIA |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Oct 23, '23 | $2,200,000 |
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Oct 23, '23 - Today | $1,900,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | 19140 (19140) |
HEAT | Central, Natural Gas |
LOT | 0.46 acre(s) |
LOT DESCRIPTION | Corner Lot |
LOT DIMENSIONS | 87.00 x 230.00 |
SEWER | Public Sewer |
STORIES | 4 |
SUBDIVISION | NORTH CENTRAL |
TAXES | 16447 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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