329 East Wister Street Philadelphia, PA 19144

$499,000
12
Beds
4
Baths
0.51
Acres
7,621
SQFT
65
$/SQFT
$499,000
12
Beds
4
Baths
7,621   sf
$65 / sf
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active
1/31
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Philly CRE Advisors presents a rare opportunity to acquire a highly versatile asset suited for investors, developers, care facility operators, or nonprofit organizations. 329 Wister St features a 5,762 sq. ft. main building with a current L&I certificate confirming approval for a 12-room rooming house accommodating up to 27 residents, offering a strong opportunity for group housing or care-related use. The property is currently vacant, with renovations started but not completed, allowing an investor to step in and finish the project to their specifications. Recent improvements include new windows, LVP flooring, and on-site construction materials, helping streamline completion. Originally built in the 1800s as a coach house and hotel, the property retains its historic character and is positioned for repositioning or redevelopment. The layout spans multiple floors and is configured for a high bedroom count with multiple bathrooms, along with a fire escape exit. A full-length basement provides additional utility and storage space. A detached 777 sq. ft. carriage house offers additional flexibility for office, storage, or residential use, and includes central air and heating. The property sits on a substantial 22,332 sq. ft. street-to-street lot, providing ample room for expansion, outdoor use, or future redevelopment. Positioned in the heart of Germantown, the property benefits from a neighborhood rich in history, strong community presence, and continued investment, making it an ideal location for both immediate repositioning and long-term growth.

Philly CRE Advisors presents a rare opportunity to acquire a highly versatile asset suited for investors, developers, care facility operators, or nonprofit organizations. 329 Wister St features a 5,762 sq. ft. main building with a current L&I certificate confirming approval for a 12-room rooming house accommodating up to 27 residents, offering a strong opportunity for group housing or care-related use. The property is currently vacant, with renovations started but not completed, allowing an investor to step in and finish the project to their specifications. Recent improvements include new windows, LVP flooring, and on-site construction materials, helping streamline completion. Originally built in the 1800s as a coach house and hotel, the property retains its historic character and is positioned for repositioning or redevelopment. The layout spans multiple floors and is configured for a high bedroom count with multiple bathrooms, along with a fire escape exit. A full-length basement provides additional utility and storage space. A detached 777 sq. ft. carriage house offers additional flexibility for office, storage, or residential use, and includes central air and heating. The property sits on a substantial 22,332 sq. ft. street-to-street lot, providing ample room for expansion, outdoor use, or future redevelopment. Positioned in the heart of Germantown, the property benefits from a neighborhood rich in history, strong community presence, and continued investment, making it an ideal location for both immediate repositioning and long-term growth.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Philadelphia
  • Area
    19144
  • Tax Amount
    $9,619
  • Status
    Active
  • Listing #
    PAPH2673826
  • Built
    1900
  • Lot Size
    0.51
  • Listed on site
    12 days
  • Listing Agent Id
    300349523401
  • Co Listing Agent Id
    121135035636

Listed by:
BHHS Fox & Roach-Center City Walnut

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Main Floor Bedroom
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