500 Mattison Ave
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500 Mattison Ave
24,466 SF Speciality Building Offered at £1,173,675 in Ambler, PA 19002
Investment Highlights
- · Ownership has spent over $3m in renovations since 2019
- Good location nearby PA Route 309 & the PA Turnpike interchange
- Original elements
- Plans have been approved by The Preservation Alliance for Greater Philadelphia
Executive Summary
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. 6% Buyer’s Premium. Additional terms apply. Please visit Paramount Realty USA’s website for more details.
Presenting a truly rare redevelopment opportunity: The Castle at Mattison Estate. Originally built in 1890 and remodeled in 1912 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 over $3,000,000 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.
Presenting a truly rare redevelopment opportunity: The Castle at Mattison Estate. Originally built in 1890 and remodeled in 1912 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 over $3,000,000 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.
Property Facts
| Price | £1,173,675 | Lot Size | 1.13 AC |
| Price Per SF | £48 | Building Size | 24,466 SF |
| Sale Type | Investment or Owner User | Number of Floors | 3 |
| Property Type | Speciality | Year Built/Renovated | 1890/2022 |
| Building Class | C | Parking Ratio | 2.94/1,000 SF |
| Price | £1,173,675 |
| Price Per SF | £48 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Building Class | C |
| Lot Size | 1.13 AC |
| Building Size | 24,466 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1890/2022 |
| Parking Ratio | 2.94/1,000 SF |
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Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 54-00-02290-005 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £86,703 |
PROPERTY TAXES
Parcel Number
54-00-02290-005
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£86,703
zoning
| Zoning Code | MHR (Mixed use residential historical district) |
| MHR (Mixed use residential historical district) |
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500 Mattison Ave
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