5616-5636 Chestnut St - Medical FOR SALE


Philadelphia, PA 19139- Cobbs Creek
$2,250,000 USD
215-561-6565
5616-5636 Chestnut St, Philadelphia, PA for Sale
$2,250,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

5616-5636 Chestnut St
Philadelphia, PA 19139
Cobbs Creek


HIGHLIGHTS

  • Bankruptcy Sale

OVERVIEW

Bankruptcy Sale: 5616-36 Chestnut St is a 2-story, 18,340 SF elevator-served building that was previously occupied by Mercy Health Associates and Renal Center of Philadelphia; it was most recently occupied in 2022 and is currently vacant. The building is in need of cleaning and updating before it can be occupied again. It is built out with numerous doctor’s offices and exam rooms throughout. The parcel also includes striped parking for approximately 23 vehicles. This can be sold on it's own or along with the adjacent parcel, 5600-14 Chestnut St. The Asking Price for both properties combined is $4,150,000. The offering presents a great opportunity for a medical user or as a future development site. *ALL OFFERS TO PURCHASE ARE SUBJECT TO BANKRUPTCY COURT APPROVAL AND ARE ALSO SUBJECT TO HIGHER AND BETTER OFFERS*

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CMX-2

APN/PARCEL ID

773016500

ASK ABOUT THIS PROPERTY

Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

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Brendan FlynnThe Flynn CompanyMore Info
215-561-6565

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