$2,499,999
( $261.64Per Sq Foot )
 $13,421 est/mo Sourced by Back At You

718 Chestnut St,PHILADELPHIA, PA 19106

PHILADELPHIA, PA 19106

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Description

Investors & Entrepreneurs take note of this rare opportunity to own this amazing 9600 square foot turnkey property. Currantly 100% Vacant This impressive three story building also includes a Fully Finished Basement with Elevator service to all levels. A complete renovation from Top to Bottom in 2011-12 includes a long list of upgrades from New Bathrooms, Walls, Floors and Staircases to New Electric, Plumbing and hi-efficiency HVAC Systems. The heavy lifting has already been done to expedite and prepare this luxury space for your business or multiple businesses to be up and running in record time with minimal headaches and huge savings. In addition, you will find that a sprinkler system has been installed on all floors, including the basement level for maximum safety and code compliance. 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 where you can picture a flagship retail store. On the Second Floor you find two Spacious Rooms with gleaming Hardwood Floors and soaring Ceilings perfect for a gallery or high end office space. The Third Floor is a blank canvas opening options for an Apartment Conversion adding to the overall value. And, don't forget the finished basement providing tons of additional storage or work space. Current Zoning is CMX-5 (Attached) which opens up unlimited potential for high end retail, professional offices or residential conversion. Located just blocks from the Market Street Revitalization Project you have Major Historical Attractions, the City's World Renowned Hospitals and Critically Acclaimed Restaurants all blending perfectly side by side. Be assured that whether your new space attracts an already thriving or unique start up business they will be proud and anxious to be a part of an area that is quickly becoming the city's premier "Place to Be".

Details

MLS #PAPH2626180
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year2014
Days On Site114
Listing Provided ByNew Horizons Real Estate, Inc. | Michael Stitz

Features

ZoningCMX_5
Acreage0.07
Property ViewStreet

Interior

CoolingCentral A/C
Heating Yes / NoYes
Heating90% Forced Air

Exterior

RoofFlat
Construction MaterialsBlock
Foundation DetailsBrick/Mortar
Lot FeaturesLevel

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2520900

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19106
Area19106 (19106)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19106)
Price:
$2,499,999
low | high
Med:
$14,038
100% of Average
On site:
114
low | high
Med:
42.5
100% of Average
Sourced by Back At You

Market Activity 19106

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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19106
Area19106 (19106)
School DistrictTHE SCHOOL DISTRICT OF PHILADELP
Listing VS Median (in 19106)
Price:
$2,499,999
low | high
Med:
$14,038
100% of Average
On site:
114
low | high
Med:
42.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.874M - $3.124M
sqft: 0 - 0
Listing Updated: September 22, 2026 at 1:58:17 PM PDT
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