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718 Chestnut StreetPhiladelphia, PA 19106Price: $2,499,999

  • Price: $2,499,999
  • 122 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106718 Chestnut Street Philadelphia PA 19106
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  • 0.07Acreage
  • 2014Year Built
  • 9,875Square Feet
  • 262Price Per Square Foot
Investors & Entrepreneurs take note of this rare opportunity to own this amazing 9600 square foot turnkey property. Currantly 100% Vacant This impressive three story building also includes a Fully Finished Basement with Elevator service to all levels. A complete renovation from Top to Bottom in 2011-12 includes a long list of upgrades from New Bathrooms, Walls, Floors and Staircases to New Electric, Plumbing and hi-efficiency HVAC Systems. The heavy lifting has already been done to expedite and prepare this luxury space for your business or multiple businesses to be up and running in record time with minimal headaches and huge savings. In addition, you will find that a sprinkler system has been installed on all floors, including the basement level for maximum safety and code compliance. Once you see the interior layout your mind will be working overtime imagining all of the possibilities that this incredible property presents to you. The First Floor offers a Grand Reception area and kitchenette where you can picture a flagship retail store. On the Second Floor you find two Spacious Rooms with gleaming Hardwood Floors and soaring Ceilings perfect for a gallery or high end office space. The Third Floor is a blank canvas opening options for an Apartment Conversion adding to the overall value. And, don't forget the finished basement providing tons of additional storage or work space. Current Zoning is CMX-5 (Attached) which opens up unlimited potential for high end retail, professional offices or residential conversion. Located just blocks from the Market Street Revitalization Project you have Major Historical Attractions, the City's World Renowned Hospitals and Critically Acclaimed Restaurants all blending perfectly side by side. Be assured that whether your new space attracts an already thriving or unique start up business they will be proud and anxious to be a part of an area that is quickly becoming the city's premier “Place to Be”.
Listed by Michael Stitz of New Horizons Real Estate,Inc.

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaPhiladelphia -

Parking

  • Parking TypesNone

Basic Information

  • Date Listed06/04/2026

Location

  • Address718 Chestnut Street
  • Building Number718
  • CountyPhiladelphia
  • Cross Street7 TH
  • DirectionsBen Franklin Bridge to Callowhill St, follow 676 East and 30 East, left to Callowhill, turn left on N Eighth Street, then left on Chestnut Street
  • IncorporatedcitynamePhiladelphia
  • StatePA
  • TownPhiladelphia
  • Zip19106

Property Information

  • Square Feet9,875

Amenities

  • Accessibility AmenitiesElevator, Entry Slope <1', Ramp - Main Level
  • Other AmenitiesBasement

Basic Information

  • Broker NameNew Horizons Real Estate, Inc.
  • List Price$2,499,999
  • LocationTypeBusiness District
  • MLS NumberPAPH2626180
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot262
  • StatusACT

Property

  • Acreage0.07
  • Business TypeApartment Building, Bed and Breakfast, Big Box Retail, Funeral Home, Hair Salon and Spa, Health Club, Medical, Restaurant/Bar, Religious Facility, Professional, Supermarket/Grocery Store
  • Lot DescriptionLevel
  • Lot Size Dimensions23X145
  • Lot Size SourceEstimated
  • Lot Size Square Feet3,049.2
  • New Construction YNN
  • Property ConditionGood
  • Property SubTypeRetail
  • Road ResponsibilityState
  • ZoningCMX_5

Other

  • Operating Expense IncludesCable TV, Electric
  • Sale or LeaseYes
  • View Count54

Tax Information

  • Assessment Year2026
  • Tax Assessment Amount$35,288
  • Tax Year2026
  • Taxes$2,520,900
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total9555
  • Building FeaturesClear Span, Elevator, Sprinkler System
  • Construction MaterialsBlock
  • Elevators1
  • FoundationBrick/Mortar
  • Year Built2014

Exterior

  • RoofFlat

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat System90% Forced Air
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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