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Edward Cole

edward.cole@edwardcole.realtor +1(610) 416-6753

Listed by Michael Stitz • New Horizons Real Estate, Inc.

$2,750,000

Est. payment - /mo

3,049 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2626180

HOA Y/N N

Year Built 2014

Annual Tax Amount $2,520,900

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 23X145

Property Sub-Type Retail

Source BRIGHT

Property Description

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, don't 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 City's 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 city's premier “Place to Be”.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX_5

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

View Street

Roof Type Flat

Accessibility Elevator, Entry Slope <1', Ramp - Main Level

Road Frontage State

Garage N

Building

Lot Description Level

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882490600

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Nearby School & Business

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Edward Cole

+1(610) 416-6753

Broker Associate | License ID: PA: AB067617 | DE: RB0020595

Broker Associate License ID: PA: AB067617 | DE: RB0020595

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718 CHESTNUT ST Philadelphia, PA 19106

Edward Cole

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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