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Turnkey Event Space Opportunity
For Sale
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4234-42 Macalester St, Philadelphia, PA 19124

6,380 SF standalone building in desirable Northeast submarket.

Property Size6,400 SF
Days on Market730

Property Features for 4234-42 Macalester St

General Information

Standard status Active
Size 6,400 SF
Class B
Total Parking Spaces 6
Property subtype Business for Sale, Hospitality, Industrial, Special Purpose
Zoning I2

Building Details

Year Built 1965
Stories 1
Units 1
Listing Agency: RE/MAX Commercial
Listed By: John Bianchimano · License #PA RS301128
Source: Crexi
Added: Sep 6, 2024 Changed: Aug 13 Last Checked: Sep 4 at 11:08PM

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 Commercial

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

Current Use

Wedding venues

Suggested Use

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.
(215) 778-8610 Call to check price and availability
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