Philadelphia, PA 19106 138 Chestnut Street

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Presented By: KW Empower
  • MLS# PAPH2224652
  • 05/02/2023
  • Request Tour
  • Request Info
  • SQFT • 1,500

Home Details

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.
Presented By: KW Empower

Interior Features for 138 Chestnut Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 138 Chestnut Street

AccessibilityNone
Business TypeRestaurant/Bar, Other/General Retail
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Chestnut St.
HeatingCentral
Location TypeBusiness District
Lot Size Square Feet596.00
Lot Size UnitsSquare Feet
MLS Area19106 (19106)
ModificationTimestamp2025-04-22T16:50:58
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG433.33
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4018.0
Tax Assessed Value287100.0
Tax Lot19
Tax Year2024
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX3

Exterior for 138 Chestnut Street

Building Area Total1500.00
Car Parking Spaces
Land Assessed Value57412.00
Land Use CodeIC0
Lot Dimensions14.00 x 43.00
Lot Size Acres0.01
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $650,000
MLS#PAPH2224652
List Date 05/02/2023
Property Type Commercial
Phone 703.929.4729
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