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239 Chestnut St 0.06 Acres of Commercial Land Offered at $1,300,000 in Philadelphia, PA 19106
INVESTMENT HIGHLIGHTS
- Highly sought-after location in Old City Philadelphia
- Prime Location – Conveniently positioned near top amenities, schools, shopping, and transportation
- Zoning Potential – Favorable zoning allows for a variety of residential or mixed-use projects (buyer to verify with local authorities)
- Build a boutique residential complex, or a custom dream home, this property is a blank canvas awaiting your vision
- Expansive Lot – Generous lot size provides ample space for multi-unit development or custom build. 27ft of frontage on Chestnut St
- High Demand Area – Strong market demand ensures excellent return on investment for future development
EXECUTIVE SUMMARY
- Prime Location – Conveniently positioned near top amenities, schools, shopping, and transportation.
- Expansive Lot – Generous lot size provides ample space for multi-unit development or custom build.
- Zoning Potential – Favorable zoning allows for a variety of residential or mixed-use projects (buyer to verify with local authorities).
- High Demand Area – Strong market demand ensures excellent return on investment for future development.
PROPERTY FACTS
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Property Type | Land | ||
| Zoning | CMX-3 - Commercial residential district | ||
| Price | $1,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.06 AC |
| Zoning | CMX-3 - Commercial residential district |
1 LOT AVAILABLE
Lot
| Price | $1,300,000 | Lot Size | 0.06 AC |
| Price Per AC | $21,360,850.49 |
| Price | $1,300,000 |
| Price Per AC | $21,360,850.49 |
| Lot Size | 0.06 AC |
Prime Development Opportunity – Unlimited Potential!
DESCRIPTION
Prime Development Opportunity – Unlimited Potential! Unlock the possibilities with this rare development opportunity in a highly sought-after location in Old City Philadelphia! Situated in a thriving neighborhood, this expansive property offers endless potential for builders, investors, and visionaries looking to create something extraordinary. Whether you're looking to build a boutique residential complex, or a custom dream home, this property is a blank canvas awaiting your vision. Old City is one of Philadelphia’s most historic and vibrant neighborhoods, known for its charming cobblestone streets, rich cultural scene, and prime real estate opportunities. As the birthplace of American independence, the area blends historic charm with modern amenities, attracting residents and businesses alike. Located near major attractions like Independence Hall, the Liberty Bell, and the bustling waterfront, Old City boasts a thriving arts scene, top-rated restaurants, boutique shopping, and easy access to public transportation. With strong demand for residential and mixed-use development, this highly desirable neighborhood offers an exceptional investment opportunity in the heart of Philadelphia. Key Highlights: ? Prime Location – Conveniently positioned near top amenities, schools, shopping, and transportation. ? Expansive Lot – Generous lot size provides ample space for multi-unit development or custom build. ? Zoning Potential – Favorable zoning allows for a variety of residential or mixed-use projects (buyer to verify with local authorities). ? High Demand Area – Strong market demand ensures excellent return on investment for future development.
PROPERTY TAXES
| Parcel Number | 888500588 | Improvements Assessment | $0 |
| Land Assessment | $115,800 | Total Assessment | $115,800 |
PROPERTY TAXES
Contact the Sale Advisor
239 Chestnut St