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sales rep | Brivity IDX

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718 Chestnut St , Philadelphia, PA 19106
$2,499,999
Est. Payment: $13,505.43/mo
9555 Sqft
0.07 Acres
Status: active | Days on site: 149
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C21NHOR - 3154167,3120848
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House 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”.

Highlights

Listed by Michael Stitz , 2158336690 and Robin A Della Franzia , 2153438100 New Horizons Real Estate, Inc. , 2153438100. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

2014

County

Philadelphia

Area

19106 (19106)

School District

The School District Of Philadelphia

Listing ID

PAPH2626180

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Level,Not New Construction,Horse Property: No
Lot Dimensions:23X145
Zoning:CMX_5
Roof:Flat
Others:
  • ▪ Additional:Good
Sewer:Public Sewer
Principal Interest
$13,505
Taxes
$210,075

Home Price

$2,499,999

Loan Details

30 yrs
7.148%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,505.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,505.43 $210,075.00 $0.00 $223,580.43
Yearly $162,065.13 $2,520,900.00 $0.00 $2,682,965.13
Total $4,861,953.84 $75,627,000.00 $0.00 $80,488,953.84
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS