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Presenting a truly rare redevelopment opportunity: The Castleat Mattison Estate. Originally built in 1890 and remodeled in1912 to resemble Windsor Castle, this historical 3-story castle is over 24,000 sq ft and features many of the original rare building elements and fixtures. Current ownership has spent on renovations since 2019 and proposed plans are in place converting the property into a mixed-use development featuring 11 residential apartments, ground level commercial space and surface parking. The property is zoned MRH (Mixed Use Residential Historical District) and potential allowable uses include single-family, multi-family, senior living and mixed residential/commercial office uses. Proposed plans have been approved by The Preservation Alliance for Greater Philadelphia. The interior of the building is currently being prepped for new development by a new owner. Please note that the above-referenced price reflects the Reserve Price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through December 19th. Seller reserves the right to accept or reject bids. Additional auction terms apply. Please call for further details.
Listed by Lee F. Wolff of FSBO Broker

Property Details of 500 Mattison Avenue

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