3701 Chestnut StPhiladelphia, PA 19104

  • Commercial land
  • 0.13 AC

Property Details for 3701 Chestnut St

Lot size
0.13 AC
Zone code
RM4
Property type
Commercial land
APN
88-2-0000-83
APU
882000083

Description

This exceptional Class A retail property, located at 3701 Chestnut Street in Philadelphia, Pennsylvania, presents a unique opportunity for a single-tenant user. Boasting a total of 22,950 square feet, the entire space is currently vacant, offering immediate occupancy. The building, constructed in 2024, is a two-story structure situated on a 1.34-acre lot in the desirable 19104 zip code. Its prime location ensures high visibility, benefiting from outstanding pedestrian and vehicular traffic. The property's urban, anchor retail subtype makes it ideal for a variety of businesses seeking a prominent presence in a bustling Philadelphia neighborhood. The building's modern construction and Class A designation reflect superior quality and design. With its ample square footage and strategic location, this property is perfectly positioned to capitalize on the vibrant commercial activity of the area. The property's APN is 881822460, and it is located in Philadelphia County. This is a rare opportunity to secure a significant retail presence in a highly sought-after Philadelphia location. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,832,299
    Hospitality
    $1,678,376
    Educational
    $1,396,389
    Medical
    $1,444,413
    Retail
    $2,172,161

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.955
Longitude
-75.1964
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,208
$86,300
-
$86,300
-
$86,300
-
$86,300

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