4225-4231 Chestnut St - Medical FOR SALE


Philadelphia, PA 19104- Spruce Hill
$2,200,000 USD
215-315-3326
4225-4231 Chestnut St, Philadelphia, PA for Sale
$2,200,000 USD
Medical - FOR SALE
1/28
null | Request Cap Rate

NEW


4225-4231 Chestnut St
Philadelphia, PA 19104
Spruce Hill


HIGHLIGHTS

  • ±28K Square Foot Office Building with Redevelopment Potential in a Prime University City Location
  • High-Density Mixed-Use Zoning (CMX-4) on a ±0.30-Acre Lot with Two Street Frontages ±65ft Width
  • Strong Market Fundamentals with High Demand for Multifamily, Student Housing, and Life Science Uses

OVERVIEW

4225-31 Chestnut Street presents a rare investment opportunity in the heart of University City - one of Philadelphia’s strongest and most rapidly evolving submarkets. The property consists of a ±27,820 square foot office building delivered vacant, offering immediate flexibility for repositioning, adaptive reuse, or full redevelopment. Situated on a sizable lot with high-density zoning (CMX-4) and excellent frontage (±65 ft) along both Chestnut and Ludlow Streets, the site benefits from strong visibility, accessibility (±2 blocks to the 40th Street MFL Station), and proximity to major institutions including the University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center. This property presents the opportunity to generate income while pursuing plans for redevelopment, or obtain a long-term tenant in a core submarket. The site’s favorable zoning and surrounding high-demand rental and student housing market further enhance its long-term upside. With exceptional fundamentals, strong surrounding demographics, and limited development-ready sites remaining in University City, 4225 Chestnut Street offers developers a strategic opportunity to unlock significant value through redevelopment or repositioning in one of Philadelphia’s most sought-after growth corridors.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Intercultural Family Services, Inc.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CMX-4

APN/PARCEL ID

773597500

ASK ABOUT THIS PROPERTY

Samantha MillerSelect Commercial AdvisorsMore Info
215-315-3326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Samantha MillerSelect Commercial AdvisorsMore Info
215-315-3326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.