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$590,000 Just Listed
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Property Description
Unique redevelopment opportunity in the rapidly growing Point Breeze neighborhood of South Philadelphia. Formerly used as a church, 1419 Reed Street offers a rare chance to reimagine a distinctive property with character, scale, and flexible layout potential. The existing structure features high ceilings, open gathering spaces, and architectural details that could lend themselves to a variety of future uses, subject to zoning and city approvals. With thoughtful renovations, this property may be ideal for conversion into a single-family showpiece residence, luxury multi-level townhome, artist or creative studio space, boutique event venue, community center, office headquarters, wellness or fitness studio, daycare facility, nonprofit space, or mixed-use redevelopment opportunity. Investors and developers may also explore adaptive reuse possibilities that preserve the building's unique charm while modernizing it for contemporary living or business needs. Conveniently located near Center City, public transportation, restaurants, parks, and ongoing neighborhood development. Surrounded by new construction and revitalization projects throughout Point Breeze and Graduate Hospital areas. Property is being sold as-is. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and renovation requirements.
Full Property Details
Full Property Details for 1419 Reed St
General
- Price: $590,000
- Taxes: $2,013 (2026)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2622482
- Updated: Today (5/18/2026)
- Added to Site: Today
Business
- Business Type: Other
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- Area: 19146 (19146)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Cross Streets: 15th Street
- Driving Directions: use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Basement: Yes
- Building Size: 3015
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Estimated
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $195.69
- Tax w/Assessment: $143,800
- Tax Amount: $2,013
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Property As is.
- Lot Number: 27
Listed by Tesla Realty Group, LLC, Tondalia L Cliett
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Schools
Schools serving 1419 Reed St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Childs George W School 1599 Wharton Street, Philadelphia, PA 19146 | K-8 | 0.1 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1419 Reed St
Date
Details
Price
Change
Source
5/18/2026
Listed
$590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1419 Reed St
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$143,800
—
2024
100%
$143,800
—
2023
100%
$143,800
—
2022
-100%
$143,800
100%
2018
$1,419
-22%
-100%
2015
$1,809
—
$135,000
—
2014
$1,809
—
$135,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1419 Reed St
1419 Reed Street, Philadelphia, PA 19146 (MLS# PAPH2622482) is a Commercial property. 1419 Reed Street is currently listed for $590,000 and was received on May 18, 2026. Want to learn more about 1419 Reed Street? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

