138 Chestnut Street Philadelphia, PA $ 699,999
138 Chestnut Street
$ 699,999
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138 Chestnut Street

Philadelphia, PA, 19106
$ 699,999
Baths0.0 Sq 1,500

Monthly Estimate*

$ 4,652

138 Chestnut Street, Philadelphia, PA 19106 - Image 1
138 Chestnut Street, Philadelphia, PA 19106 - Image 2
138 Chestnut Street, Philadelphia, PA 19106 - Image 3
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138 Chestnut Street, Philadelphia, PA 19106 - Image 9
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Studio

Commercial Property for sale in Philadelphia, PA

for $699,999. This 1,500 square foot building was built in 1900 on a lot size of 0.01.

Rare opportunity to acquire a cash flowing value add building on one of the most iconic blocks in Old City, with highly favorable zoning to build vertical. This 3 story building houses the legendary sushi spot, Oishii Sushi & Ramen, which has been at this location for over 30 years. The current owner purchased the building with 2nd and 3rd floors un developed as raw space. Here is your chance to build multiple more stories to increase the value and cash flow. Current tenant just renewed last year for their only option in the lease.

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Commercial Active

Price

$ 699,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,018

Style

Restaurant/Bar,/General Retail

Lot Size

0.01

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2224652

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning CMX3
Construction Materials Masonry
Year Built 1900
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Restaurant/Bar Other/General Retail
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions On Chestnut St.
City PHILADELPHIA
Buyer Agent Compensation 0
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 596.00
Waterfront Y/N N
Tax Annual Amount 4018.0
Price Per Sq Ft Total AG 466.67
Vacation Rental Y/N N
Virtual Tour https://express.adobe.com/page/v4ixkM0VUbnoj/
Days on Market 416
Location Type Business District
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 1500.00
Lot Dimensions 14.00 x 43.00
Lot Size Acres 0.01
Lot Size Source Assessor
Land Assessed Value 57412.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 138
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* Excluded Features
List By
Kw Empower

Broker

rcassell@kw.com

Email

Affordability Calculator

$4,987
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,652
Monthly Property Taxes
$335
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/19/2023$699,999 -6.67% Price Down
6/27/2023$750,000 -6.13% Price Down
5/8/2023$799,000 -6.00% Price Down
5/2/2023$850,000 Listed Price

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138 Chestnut Street, Philadelphia, PA, 19106 is a Commercial Property for sale at $699,999 with 1,500 sqft and a lot size of 0.01. 138 Chestnut Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19106 which is in Philadelphia, PA