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701 Chestnut StreetPhiladelphia, PA 19106Price: $3,300,000

  • Price: $3,300,000
  • 105 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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701 Chestnut Street Philadelphia PA 19106701 Chestnut Street Philadelphia PA 19106701 Chestnut Street Philadelphia PA 19106701 Chestnut Street Philadelphia PA 19106701 Chestnut Street Philadelphia PA 19106701 Chestnut Street Philadelphia PA 19106
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  • 0.05Acreage
  • 1900Year Built
  • 308Price Per Square Foot
  • 7Units
Prime Center City Investment Opportunity! Welcome to the stunning five-story commercial building located in the heart of Philadelphia’s 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 building’s 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 Philadelphia’s most desirable areas.
Listed by YanLing Zhang of Home Vista Realty

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Railey Vacations

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

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Location Information

  • UsmAreaPhiladelphia -

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed06/21/2026

Location

  • Address701 Chestnut Street
  • Building Number701
  • CountyPhiladelphia
  • DirectionsN/A
  • IncorporatedcitynamePhiladelphia
  • StatePA
  • SubdivisionWashington Sq West
  • TownPhiladelphia
  • Zip19106

Legal

  • LandusecodeCA0
  • Possession31-60 Days CD,61-90 Days CD
  • Sale TypeStandard

Other

  • View Count2

Basic Information

  • Broker NameHome Vista Realty
  • List Price$3,300,000
  • MLS NumberPAPH2639560
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot308
  • StatusACT
  • Units7

Building

  • Building Area SourceEstimated
  • Building Area Total10710
  • Construction MaterialsMasonry
  • Year Built1900

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelNatural Gas
  • Heat SystemCentral
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax$9,546
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • School Tax$12,150
  • Tax Assessment Amount$1,550,000
  • Tax Lot33
  • Tax Year2025
  • Taxes$21,696
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.05
  • Business TypeConvenience Store/Gas, Apartment Building, Hair Salon and Spa, Medical, Professional
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions21.00 x 102.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet2,142
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningCMX5

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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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