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6006 Chestnut St 4,057 SF Retail Building Philadelphia, PA 19139 $415,000 ($102.29/SF)
Executive Summary
Turnkey investment property on Market Street corridor with easy access to public transportation. Newly renovated in 2016. Ground Floor Commercial Unit + 2 Residential Units. 4 years remaining on tax abatement for renovation improvements. Each residential unit includes W/D, separate central AC/Heat, and appliances. Water sub-metered and separate metering for electrical. Modern systems and newly renovated construction allow for easy management and low operating expenses.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,057 SF
Building Class
C
Year Built/Renovated
1915/2011
Price
$415,000
Price Per SF
$102.29
Tenancy
Single
Building Height
3 Stories
Building FAR
2.11
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CMX-3
Frontage
16’ on Chestnut St
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $199,600 | |
| Land Assessment | $111,200 | Total Assessment | $310,800 |
Property Taxes
Parcel Numbers
Land Assessment
$111,200
Improvements Assessment
$199,600
Total Assessment
$310,800
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6006 Chestnut St
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