718 Chestnut St, PHILADELPHIA, PA

$2,750,000

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9,875

Square feet

0.07

Acres

About 718 Chestnut St

Investors & Entrepreneurs take note of this rare opportunity to own this amazing 9600 square foot turnkey property. Currantly 100% Vacant This impressive three story building also includes a Fully Finished Basement with Elevator service to all levels. A complete renovation from Top to Bottom in 2011-12 includes a long list of upgrades from New Bathrooms, Walls, Floors and Staircases to New Electric, Plumbing and hi-efficiency HVAC Systems. The heavy lifting has already been done to expedite and prepare this luxury space for your business or multiple businesses to be up and running in record time with minimal headaches and huge savings. In addition, you will find that a sprinkler system has been installed on all floors, including the basement level for maximum safety and code compliance. Once you see the interior layout your mind will be working overtime imagining all of the possibilities that this incredible property presents to you. The First Floor offers a Grand Reception area and kitchenette where you can picture a flagship retail store. On the Second Floor you find two Spacious Rooms with gleaming Hardwood Floors and soaring Ceilings perfect for a gallery or high end office space. The Third Floor is a blank canvas opening options for an Apartment Conversion adding to the overall value. And, don’t forget the finished basement providing tons of additional storage or work space. Current Zoning is CMX-5 (Attached) which opens up unlimited potential for high end retail, professional offices or residential conversion. Located just blocks from the Market Street Revitalization Project you have Major Historical Attractions, the City’s World Renowned Hospitals and Critically Acclaimed Restaurants all blending perfectly side by side. Be assured that whether your new space attracts an already thriving or unique start up business they will be proud and anxious to be a part of an area that is quickly becoming the city’s premier “Place to Be”.

Features of 718 Chestnut St

MLS® # PAPH2626180
Price $2,750,000
Bathrooms 0.00
Square Footage 9,875
Acres 0.07
Year Built 2014
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 718 Chestnut St
Area 19106
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19106

Amenities

View Street
Is Waterfront No

Interior

Heating 90% Forced Air
Cooling Central A/C

Exterior

Exterior Block
Lot Description Level
Roof Flat
Construction Block
Foundation Brick/Mortar

Additional Information

Date Listed June 4th, 2026
Days on Market 97
Zoning CMX_5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNew Horizons Real Estate, Inc.
Contact Info2153438100

Listing Map

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