Philadelphia, PA 19106,714 CHESTNUT ST
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Philadelphia, PA 19106,714 CHESTNUT ST
Philadelphia, PA 19106,714 CHESTNUT ST
Philadelphia, PA 19106,714 CHESTNUT ST
Philadelphia, PA 19106,714 CHESTNUT ST

$2,350,000

Est. payment /mo

$2,350,000

Est.Price: ?

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714 CHESTNUT ST Philadelphia, PA 19106

12,338 SqFt

SOLD DATE : 09/08/2022

Key Details

Sold Price $2,350,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 12,338 sqft

Price per Sqft $190

Subdivision Washington Sq West

MLS Listing ID PAPH972148

Sold Date 09/08/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $20,297

Tax Year 2021

Lot Size 3,136 Sqft

Acres 0.07

Lot Dimensions 22.43 x 139.81

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.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type On Street, Public Garage

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882490400

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Seller Financing

Listing Terms Seller Financing

Financing Seller Financing

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Marcello Ciurlino • National Realty Old City LLC - PA
Bought with Marcello Ciurlino • National Realty Old City LLC - PA

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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