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INVESTMENT HIGHLIGHTS
- Incredible Development Opportunity
- RSA-3 Zoning Allows for Numerous Development Opportunities
EXECUTIVE SUMMARY
5520-22 Harbison Avenue – Exceptional Development Opportunity Presenting the iconic St. Bartholomew’s Convent Building, a rare marquee development opportunity in the heart of Northeast Philadelphia. Situated on approximately 0.55 acres, the property offers a generous open area fronting Harbison Avenue along with a fully fenced, paved parking lot at the rear. The existing structure spans 20,151 square feet and is primed for redevelopment. Zoned RSA-3, the site allows for a variety of redevelopment possibilities. Notably, nearby properties have successfully secured zoning variances that expanded their development potential—offering buyers an exciting opportunity to explore creative uses. In 2019, the Seller obtained zoning and building permits to redevelop the property into office space and single-room occupancy units with a commercial kitchen. Those plans will be included in the sale for interested parties. This is a rare chance to reimagine and repurpose a landmark property in the rapidly growing Northeast Philadelphia market.
PROPERTY FACTS
| Price | $1,535,512 CAD | Building Class | B |
| Price Per SF | $76.78 CAD | Lot Size | 0.55 AC |
| Sale Type | Investment or Owner User | Building Size | 20,000 SF |
| Sale Condition | Building in Shell Condition | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1926 |
| Property Subtype | Religious Facility | Parking Ratio | 0.84/1,000 SF |
| Zoning | Business Office - RSA-3 | ||
| Price | $1,535,512 CAD |
| Price Per SF | $76.78 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Building in Shell Condition |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 0.55 AC |
| Building Size | 20,000 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | Business Office - RSA-3 |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 881142690 | Improvements Assessment | $331,260 CAD |
| Land Assessment | $348,770 CAD | Total Assessment | $680,030 CAD |
PROPERTY TAXES
Parcel Number
881142690
Land Assessment
$348,770 CAD
Improvements Assessment
$331,260 CAD
Total Assessment
$680,030 CAD
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5520 Harbison Ave
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