138 CHESTNUT ST, Philadelphia, PA 19106 – PAPH2224652

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Fran Valerio

fvalerio@soldincentralpa.com +1(717) 602-0551

$675,000

Est. payment - /mo

1,500 SqFt

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UPDATED:

08/25/2024 01:59 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $450

MLS Listing ID PAPH2224652

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $4,018

Tax Year 2024

Lot Size 596 Sqft

Acres 0.01

Lot Dimensions 14.00 x 43.00

Property Description

Rare opportunity to acquire a cash flowing value add building on one of the most iconic blocks in Old City, with highly favorable zoning to build vertical. This 3 story building houses the legendary sushi spot, Oishii Sushi & Ramen, which has been at this location for over 30 years. The current owner purchased the building with 2nd and 3rd floors un developed as raw space. Here is your chance to build multiple more stories to increase the value and cash flow. Current tenant just renewed last year for their only option in the lease.

Location

State PA

County Philadelphia

Area 19106 (19106)

Zoning CMX3

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882487400

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Richard K Cassell • KW Empower

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Fran Valerio

+1(717) 602-0551

Listing Specialist, Team Leader | RSRS311467

Listing Specialist, Team Leader RSRS311467

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