Former South Philadelphia Church Building
1419 Reed St
Philadelphia, PA 19146
https://thebrokerlist.com/have/former-south-philadelphia-church-building-105541
FOR SALE
Property Type:
Other Special Purpose
Last Verified:
Mar 25, 2021
Highlights
- Corner property
- Walking distance to everything
- Close to public transportation
Description
A church for the last fifty years, this building has been a staple in the community. This building would be ideal for repositioning into mixed use or multi unit asset.
Located in the heart of South Philadelphia with easy access Broad Street & only three blocks from Passyunk Square.
Building Size: 3015sq ft
Lot Size: 0.03 acres
Map of 1419 Reed St, Philadelphia, PA, 19146
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
