Philadelphia, PA 19106,718 CHESTNUT ST
Philadelphia, PA 19106,718 CHESTNUT ST
Philadelphia, PA 19106,718 CHESTNUT ST
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$3,790,000
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9,555 SqFt
Active

718 CHESTNUT ST Philadelphia, PA 19106

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UPDATED:

11/07/2024 01:19 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9,555 sqft

Price per Sqft $396

MLS Listing ID PAPH2405194

HOA Y/N N

Originating Board BRIGHT

Year Built 2014

Annual Tax Amount $35,287

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 23X145

Property Description

Unlimited Potential is what all Investors will immediately see in this amazing 9600 Square Foot, 3 story building with a Fully Finished Basement. Located blocks from the New Market Street Revitalization Project even the 76’s Organization is considering a Move to this Up & Coming Area. The property was renovated from Top to Bottom in 2011-12 with the long list of upgrades including but not limited to New Walls, Floors and Staircases, New Electric, Plumbing and HVAC Systems and New Bathrooms. So much has been done to expedite getting a business or multiple businesses up and running in record time with minimal headaches at a huge savings. In addition, you will find an elevator for maximum convenience and sprinklers on all floors, including the basement level, for maximum safety. Once you see the interior layout your mind will be working overtime imagining all of the possibilities that this incredible property presents to you. The First Floor offers a Grand Reception area and kitchenette. On the Second Floor you find two Spacious Rooms with Hardwood Floors and High Ceilings. The Third Floor is a Possible Apartment Conversion to add to the Overall Value. Current Zoning is CMX-5 (Attached) which allows a variety of uses such as Retail, Office and some Residential. The Biggest Bonus could possibly be the Primo Location just one block from the Liberty Bell combining a Strong Sense of History balanced with Modern Day Convenience. Blocks from Major Historical Attractions, the City’s World Renowned Hospitals and Critically Acclaimed Restaurants your Existing or Start up Business will be Proud to be a Part of an Area that is quickly becoming “THE Place to Be”.








D

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX-5

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

View Street

Roof Type Flat

Accessibility Elevator, Entry Slope <1', Ramp - Main Level

Road Frontage State

Garage N

Building

Lot Description Level

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882490600

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Michael Stitz • New Horizons Real Estate, Inc.

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Mike Fielder

Sales Director, Realtor | License ID: 662897

+1(410) 905-6678

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