For Sale
$695,000

4445 Chestnut StPhiladelphia, PA 19104

Historic Philadelphia Office, $695,000

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,400 square foot office building, located at 4445 Chestnut Street in Philadelphia, Pennsylvania, presents a unique investment opportunity. Built in 1915, this four-story structure sits on a 0.04-acre lot and is zoned CMX-2, offering versatility for various uses. Currently configured as a blend of creative and traditional office space, the property also includes five leased apartment units, a mix of studios, one-bedroom, and two-bedroom units, and one vacant ground floor retail space. The building boasts a strong history of rental occupancy, making it an attractive prospect for an owner-user seeking to combine office space with rental income. The asking price for this individual building is $695,000. Note that this property is part of a larger portfolio also available for sale. The building's prime location in the 19104 zip code offers excellent access to Philadelphia's vibrant city center and its amenities. This presents a compelling value-add opportunity for a savvy investor or business owner looking to establish a presence in a desirable Philadelphia neighborhood. The potential for increased revenue through the vacant retail space and the existing strong rental income from the apartments adds significant upside to this investment. Serious inquiries are encouraged.

Highlights

  • $695,000 asking price.
  • 3,400 square feet of net rentable space.
  • 1915 construction year, four-story building.
  • CMX-2 zoning.
  • 0.04-acre lot size.
  • For sale by owner.

Property Details for 4445 Chestnut St

Property type
Office properties, Office space
Year Built
1915
Stories
4
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9569437
Longitude
-75.2111039
4445 Chestnut St, Philadelphia, Pennsylvania

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4445 Chestnut St
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