2434-38 RIDGE AVE Philadelphia, PA 19121 Price Dropped by $10K

UPDATED: 01/28/2026 01:48 AM ON MARKET: 169 days on market

$340,000

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2542010

Year Built 1970

Available Date 2025-10-03

Tax Year 2025

Lot Dimensions 50.00 x 80.00

Property Sub-Type Other

Source BRIGHT

Property 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.