714 Chestnut Street

Philadelphia, PA
$ 2,800,000 Beds 0 Baths 0 Sq 12,000
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 2,800,000
  • Lot Size
  • 3,049 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 12,000
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 27151
  • County
  • PHILADELPHIA
  • Style
  • Apartment Building,Bed and Breakfast,Big Box Retai
  • Area
  • 19106
  • MLS#
  • PAPH972148
  • Zip
  • 19106
Listing Provided by: National Realty Old City LLC - PA

Features

General

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
County PHILADELPHIA
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
Real Estate Owned Y/N No
Sewer Public Sewer
Subdivision Name WASHINGTON SQ WEST
Tax Annual Amount 27151.0
Tax Lot 28
Tax Year 2020
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

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the McLean, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 19106

Price
AVG $410K
$2.8M
Taxes
AVG $11,464
$27,151
Visits
AVG 62
9
Year Built
AVG 1910
1900
Walkscore
AVG 98
97
Data Provided by Walkscore ® not using MLS data

Map

714 Chestnut Street Philadelphia, PA is a Single Family Home for sale at $2800000 with 12000 sqft and a lot size of 3,049 SqFt Acre(s). 714 Chestnut Street Philadelphia has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 19106 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.