2434 38 Ridge Ave

Highlights:

• Days on Market: 132
• Heating: Radiator

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.

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Listing ID: 804200709308