Philadelphia, PA 19106 701 Chestnut Street

701 Chestnut Street Philadelphia, PA - Image 1701 Chestnut Street Philadelphia, PA - Image 2701 Chestnut Street Philadelphia, PA - Image 3
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701 Chestnut Street Philadelphia, PA - Image 4701 Chestnut Street Philadelphia, PA - Image 5
Presented By: Home Vista Realty
  • MLS# PAPH2561448
  • 11/20/2025
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  • SQFT • 10,710

Home Details

Prime Center City Investment Opportunity! Welcome to the stunning five-story commercial building located in the heart of Philadelphias vibrant Washington Square West neighborhood. This impressive property features six units plus a long-term deli tenant on the first floor, providing immediate and stable income. The buildings classic faade and prime location just steps from Independence Hall, Washington Square Park, and major transit lines make it a standout addition to any investment portfolio. Here is your chance to gain a solid income-producing property in one of Philadelphias most desirable areas.
Presented By: Home Vista Realty

Interior Features for 701 Chestnut Street

Other Interior Features

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

General for 701 Chestnut Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsN/A
HeatingCentral
Lot Size Square Feet2142.00
Lot Size UnitsSquare Feet
MLS Area19106 (19106)
MunicipalityPHILADELPHIA
Net Operating Income214591.00
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
Possession31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG350.14
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameWASHINGTON SQ WEST
Tax Annual Amount21696.0
Tax Assessed Value1550000.0
Tax Lot33
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX5

Exterior for 701 Chestnut Street

Building Area Total10710.00
Car Parking Spaces
Land Assessed Value465000.00
Land Use CodeCA0
Lot Dimensions21.00 x 102.00
Lot Size Acres0.05
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
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $3,750,000
MLS#PAPH2561448
List Date 11/20/2025
Property Type Commercial
Phone 703.929.4729
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