$2,350,000
$2,350,000
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714 CHESTNUT ST Philadelphia, PA 19106
12,338 SqFt
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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Bought with Marcello Ciurlino • National Realty Old City LLC - PA