For Sale
$500,000

241 Chestnut StPhiladelphia, PA 19106

Prime Philadelphia retail space, $500,000.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional storefront property, located at 241-43 Chestnut Street in Philadelphia, Pennsylvania, presents a unique investment opportunity. The 2,438 square foot space is currently configured as a multifamily unit, but its CMX3 zoning permits a wide range of retail uses, making it ideal for a variety of businesses. The building, constructed in 1900, boasts a strong presence on a vibrant street in the 19106 zip code. Priced at $500,000, this translates to $205.09 per square foot, reflecting the desirability of this location. The property consists of a single unit, offering a manageable and potentially highly profitable investment. Its prime location in Philadelphia offers excellent visibility and accessibility for customers. The property is being offered for sale by owner, providing a direct and efficient transaction process. This is a rare chance to acquire a well-situated storefront in a thriving Philadelphia neighborhood. The property's historical charm combined with its modern zoning potential makes it an attractive proposition for savvy investors seeking a strong return on investment. Serious inquiries are encouraged to explore this exciting opportunity further.

Highlights

  • 2,438 SF storefront at 241-43 Chestnut St, Philadelphia, PA 19106.
  • CMX-3 zoning allows for diverse retail uses.
  • $500,000 asking price ($205.09/SF).
  • Currently configured as a multi-family unit, but ideal for retail conversion.
  • 1900 construction, offering historical charm.

Property Details for 241 Chestnut St

Property type
Retail properties, Retail space
Square Feet
2,438 SF
Year Built
1900
Units
1

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9493801
Longitude
-75.145782
241 Chestnut St, Philadelphia, Pennsylvania

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241 Chestnut St
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