701 Chestnut St - Office FOR SALE


Philadelphia, PA 19106- Center City East
$3,700,000 USD
215-500-0569
701 Chestnut St, Philadelphia, PA for Sale
$3,700,000 USD
Office - FOR SALE
1/9
null | 6.25% Cap Rate

701 Chestnut St
Philadelphia, PA 19106
Center City East


HIGHLIGHTS

  • Prime Center City Investment Opportunity
  • West Washington Square neighborhood
  • immediate and stable income

OVERVIEW

Prime Investment Opportunity- This multi-tenant retail/office property in the West Washington Square neighborhood offers immediate and stable income. Listed at $3,700,000 with a 6.25% cap rate and NOI of $231,250, it’s an excellent choice for investors seeking a strong return. The building spans 10,500 SF across 5 floors, constructed in 1900 with masonry.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,134 SF

ZONING

C5, Philadelphia

APN/PARCEL ID

881301095

ASK ABOUT THIS PROPERTY

YanLing ZhangHome Vista RealtyMore Info
215-500-0569

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YanLing ZhangHome Vista RealtyMore Info
215-500-0569

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