PA > Philadelphia
Philadelphia, PA 19104,4206-4208 CHESTNUT ST
$1,390,000
Est. payment /mo
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22,433 SqFt
New

4206-4208 CHESTNUT ST Philadelphia, PA 19104

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

11/15/2024 04:30 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 22,433 sqft

Price per Sqft $61

MLS Listing ID PAPH2420548

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $8,960

Tax Year 2024

Lot Size 2,754 Sqft

Acres 0.06

Property Description

Development Site in University City: Shovel Ready Construction Project on Chestnut Street Just Off 42nd Street
Eds & Meds Tenant Base: Proximity to University of Pennsylvania, Drexel University, Penn Medicine, CHOP, and University Science Center
Abundant Neighborhood Amenities: Popular Cafes, Bars, Restaurants; Aldi, Acme and Grocery Outlet
Access to Public Transit & Highways: Bus, Trolley, Light Rail and Regional Rail; Proximity to Interstates 76 and 676

4206-4208 Chestnut Street, a 2,754± square foot development site in the University City section of Philadelphia. Zoned CMX-4, the site offers new ownership with the opportunity to develop 23 residential units “by right” with a diverse unit mix to attract the growing “eds and meds” tenant base. 4206 Chestnut features an extremely walkable location (96 Score) in the Spruce Hill section of University City. Penn Presbyterian Medical Center and the Science Center (±15-minute walk), Drexel’s Vidas Athletic Complex and Fields (±8-minute walk), and the University of Pennsylvania, Drexel University, St. Joseph’s University, Penn Medicine, and the Children’s Hospital of Philadelphia (±25-minute walk or ±10-minute bike ride) are all in proximity. Further, SEPTA’s Market-Frankford Line is accessible via 40th Street or 46th Street Stations, and a bus stop is within steps from the site.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX4

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 272016400

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Alex C Prince • TCS Management, LLC

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Matthew Curcio

Broker Associate | License ID: 0121845

+1(856) 207-7592

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4206-4208 CHESTNUT ST

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