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Turnkey Event Space Opportunity
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4234-42 MACALESTER ST, Philadelphia, PA 19124

6,380 SF standalone building in desirable Northeast submarket.

Property Size6,380 SF
Price / SF$0.09
Days on Market174

Property Features for 4234-42 MACALESTER ST

General Information

Standard status Active
Size 6,380 SF
Listing Agency: RE/MAX 2000
Listed By: John J Bianchimano · License #RS301128
Source: Towncentermd
Added: Mar 26 Changed: Sep 9 Last Checked: Sep 14 at 12:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 2000

Investment Insights

Based on property information with market context.

This 6,380-square-foot standalone building presents a unique opportunity in the highly sought-after Northeast submarket. Currently operating as a turnkey event space, the property is fully equipped with fixtures, furniture, and equipment available for purchase, allowing for immediate use. Its legacy zoning provides flexibility for a wide range of commercial uses, making it suitable for various business ventures. Situated within a thriving commercial corridor and conveniently close to major thoroughfares, the property offers excellent accessibility and high visibility. It features abundant onsite parking, along with additional off-street parking options for clients and guests. Having recently passed all fire certifications, the building is fully compliant and move-in ready. The property offers significant potential in a prime location, whether continuing its operation as an event space or repurposing it for other business needs.

Key Highlights

  • 6,380 sq ft standalone building in a highly desirable Northeast submarket.
  • Legacy zoning provides flexibility for a wide range of commercial uses.
  • Currently operating as a turnkey event space, fully equipped with fixtures, furniture, and equipment available for purchase.

Property Analytics

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Current Use

Wedding venues

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Gym & Fitness Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Wedding venue - 6,380 SF standalone building in desirable Northeast submarket.
Where is this wedding venue located?
The property is located at 4234-42 MACALESTER ST Philadelphia, PA.
What are key features of this property?
This property features: 6,380 sq ft standalone building in a highly desirable Northeast submarket.; Legacy zoning provides flexibility for a wide range of commercial uses.; Currently operating as a turnkey event space, fully equipped with fixtures, furniture, and equipment available for purchase.
More about this property
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