Seller Financing
714 Chestnut Street Philadelphia, PA
$ 2,800,000
Property Attributes
  • MLS#PAPH972148
  • TypeCommercial
  • CityPhiladelphia
  • Area19106
  • NeighborhoodWASHINGTON SQ WEST
  • Zip19106
  • StyleApartment Building,Bed and Breakfast,Big Box Retai
  • Year Built1900
  • Taxes$ 20297
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12000
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
National Realty Old City LLC - PA
Data Source:
Bright MLS
Property Description

A rare opportunity to acquire a prominent architecturally significant building. The property is located in the premier area of Washington Square West in Center City Philadelphia, and the building consists of a fully equipped restaurant space on the first floor and three floors above. The three upper floors, which are currently vacant and ripe for development are approximately 3,000 SF with high ceilings. Located steps from Independence Hall, Liberty Bell, and Jewelers Row, the property has easy access to all major highways including I-95, I-676, I-76 and Ben Franklin Bridge and close proximity to Wills Eye Hospital, Jefferson Hospital and University of Pennsylvania hospital. Public transportation is nearby with Septa Regional Rail, bus, subway and PATCO high-speed line. This property is zoned CMX-5, the highest available zoning in the city which is suitable for a wide variety of uses and development potential.

Price History
12/16/2020 Listed $2,800,000

General Features

Acceptable Financing Seller Financing
Accessibility 2+ Access Exits
Business Type Apartment Building, Bed and Breakfast, Big Box Retail, Cold Storage, Convenience Store/Gas, Day Care Facility, Equestrian Center, Garden Center, Funeral Home, Hair Salon and Spa, Health Club, Hotel/Motel
Construction Materials Masonry
Cool Fuel Natural Gas
Cooling Central A/C
Days on Market 173
Heating Forced Air
Historic Y/N No
MLS Area 19106 (19106)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 226.94
Property SubType Five Or More Units
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 20297.0
Tax Lot 28
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX5
Zoning Description This is the

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 12338.00
Lot Dimensions 22.43 x 139.81
Lot Size Acres 0.07
Lot Size Source Assessor
Lot Size Square Feet 3136.00
Navigable Water Y/N No
Type of Parking On Street, Public Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19106

AVG $440K
AVG $9,063
AVG 94
Year Built
AVG 1917
AVG 99
Data Provided by Walkscore ® not using MLS data

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