Calling all commercial investors and developers for an excellent development opportunity in Kingsessing.
This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking.
The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit.
All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor.
Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University.
It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
Presented By: KW Empower
Interior Features for 4817 Chester Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas
General for 4817 Chester Avenue
Acceptable FinancingCash, Conventional, FHA
AccessibilityOther
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingOther
CountyPHILADELPHIA
DirectionsGPS
ExclusionsTenants personal property
Garage Y/NNo
HeatingOther
Lot Size Square Feet8750.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-03-31T14:34:56
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count
Other StructuresAbove Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG256.43
Property SubtypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NameKINGSESSING
Tax Annual Amount7787.0
Tax Assessed Value556300.0
Tax Lot166
Tax Year2024
Total SQFT6610
TransportationMetro/Subway Station less than 1 mile, Airport less than 10 miles, Commuter Rail Station less than 1 mile
Two Bedroom0
UtilitiesNatural Gas Available, Electric Available
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