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718 Chestnut Street Philadelphia, PA $ 2,750,000
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$ 2,750,000 Get more info
718 Chestnut Street
$ 2,750,000
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718 Chestnut Street

Philadelphia, PA, 19106
$ 2,750,000
Bedrooms-- Baths-- Sq 9,555

Monthly Estimate*

$ 16,932

718 Chestnut Street, Philadelphia, PA 19106 - Image 1
718 Chestnut Street, Philadelphia, PA 19106 - Image 2
718 Chestnut Street, Philadelphia, PA 19106 - Image 3
718 Chestnut Street, Philadelphia, PA 19106 - Image 4
718 Chestnut Street, Philadelphia, PA 19106 - Image 5

Commercial Property for sale in Philadelphia, PA

for $2,750,000. This 9,555 square foot building was built in 2014 on a lot size of 0.07.

Investors & Entrepreneurs take note of this rare opportunity to own this amazing 9600 square foot turnkey property. Currantly 100% Vacant This impressive three story building also includes a Fully Finished Basement with Elevator service to all levels. A complete renovation from Top to Bottom in 2011-12 includes a long list of upgrades from New Bathrooms, Walls, Floors and Staircases to New Electric, Plumbing and hi-efficiency HVAC Systems. The heavy lifting has already been done to expedite and prepare this luxury space for your business or multiple businesses to be up and running in record time with minimal headaches and huge savings. In addition, you will find that a sprinkler system has been installed on all floors, including the basement level for maximum safety and code compliance. Once you see the interior layout your mind will be working overtime imagining all of the possibilities that this incredible property presents to you. The First Floor offers a Grand Reception area and kitchenette where you can picture a flagship retail store. On the Second Floor you find two Spacious Rooms with gleaming Hardwood Floors and soaring Ceilings perfect for a gallery or high end office space. The Third Floor is a blank canvas opening options for an Apartment Conversion adding to the overall value. And, dont forget the finished basement providing tons of additional storage or work space. Current Zoning is CMX-5 (Attached) which opens up unlimited potential for high end retail, professional offices or residential conversion. Located just blocks from the Market Street Revitalization Project you have Major Historical Attractions, the Citys World Renowned Hospitals and Critically Acclaimed Restaurants all blending perfectly side by side. Be assured that whether your new space attracts an already thriving or unique start up business they will be proud and anxious to be a part of an area that is quickly becoming the citys premier Place to Be.

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Commercial Active

Price

$ 2,750,000

Property Type

Commercial

Taxes

$ 2,520,900

Style

Apartment Building,Bed and Breakfast,Big Box Retai

Lot Size

0.07

Year Built

2014

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2626180
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 1
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Immediate
Roof Flat
Zoning CMX_5
Construction Materials Block
Year Built 2014
Tenant Pays Electricity Heat Gas Water Sewer Hot Water Cooking Fuel Parking Fee Insurance Common Area Maintenance Lawn/Tree/Shrub Care Snow Removal Trash Removal Cable TV
View Street
Property Subtype Retail
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building Bed and Breakfast Big Box Retail Funeral Home Hair Salon and Spa Health Club Medical Restaurant/Bar Religious Facility Professional Supermarket/Grocery Store
Accessibility Elevator Entry Slope <1' Ramp - Main Level
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Building Features Clear Span Elevator Sprinkler System
Status ACTIVE
Directions Ben Franklin Bridge to Callowhill St follow 676 East and 30 East left to Callowhill turn left on N Eighth Street then left on Chestnut Street
City PHILADELPHIA
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 3049.20
Tax Annual Amount 2520900.0
Property Condition Good
Price Per Sq Ft Total AG 287.81
Acceptable Financing Conventional
Leasable Area 9875
Lease Considered Y/N Y
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Estimated
Association Recreation Fee N
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Exterior
Lot Features Level
Water Source Public
Type of Parking None
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 9555.00
Lot Dimensions 23X145
Lot Size Acres 0.07
Lot Size Source Estimated
Waterfront Y/N N
Road Responsibility State
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 718
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* Excluded Features
List By
New Horizons Real Estate, Inc.

Broker

stitzy@aol.com

Email

Affordability Calculator

$227,007
Per Month
7%
93%
0%
Monthly Principal & Interest
$16,932
Monthly Property Taxes
$210,075
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
6/4/2026 $2,750,000 Listed Price

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718 Chestnut Street, Philadelphia, PA, 19106 is a Commercial Property for sale at $2,750,000 with 9,555 sqft and a lot size of 0.07. 718 Chestnut Street was built in 2014. The property's zip code is 19106 which is in Philadelphia, PA

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