5840 Master St, PHILADELPHIA

$270,000

0 Beds
0 Baths
3,102 Sqft
.03 Acres
0 Garages

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!

Essential Information
MLS® #PAPH2424328
Price$270,000
Bathrooms0.00
Square Footage3,102
Acres0.03
Year Built1920
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address5840 Master St
Area19131
SubdivisionCARROLL PARK
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19131
Interior
HeatingForced Air
CoolingCentral A/C
# of Stories3
Exterior
Lot DescriptionCorner Lot, Rear Yard
District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information
ZoningCMX1
Listing Details
OfficeEXP Realty, LLC
Office Contact8883977352
Property History
Price Reduced from $275,000 to $270,000
Price Reduced from $290,000 to $275,000
Price Reduced from $300,000 to $290,000
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Listing information last updated on May 12th, 2025 at 1:16pm EDT.

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