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    239 Chestnut St Philadelphia, PA 19106

    For Sale
    $1,300,000

    Lots/Land/Farm - PHILADELPHIA, PA

    Type:Farm
    Lot size:
    0.06 Acres
    Days on Market:
    127
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 239 Chestnut St

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    0.06 Acres

    Building Details

    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Bob Kiziroglou (888) 536-0216

    Listing date Aug 3, 2025

    MLS# PAPH2483276 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Old City Development Opportunity

    This property presents a development opportunity in the Old City neighborhood of Philadelphia. The parcel, measuring 25 feet wide by 102 feet deep, offers potential for builders, investors, and visionaries. The location is near Independence Hall, the Liberty Bell, and the waterfront. Old City features cobblestone streets, a cultural scene, restaurants, boutique shopping, and public transportation. The property is zoned CMX3, allowing for a variety of residential or mixed-use projects; buyers should verify zoning with local authorities. The area has strong demand for residential and mixed-use development. The location is near amenities, schools, shopping, and transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fruition Capital Website Designer Pragmatic Business Consulting Business Management Consultant

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.14565
    Latitude
    39.94881

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    FAQs

    What type of property is this?
    Land - Expansive lot in Philadelphia's historic Old City neighborhood.
    Where is this land located?
    The property is located at 239 Chestnut St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime location in highly sought-after Old City Philadelphia.; - Expansive 25ft x 102ft lot suitable for multi-unit or custom development.; - Favorable CMX3 zoning allows for residential or mixed-use projects (buyer to verify).
    (888) 536-0216
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    Philadelphia, PA 19106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    239 Chestnut St Philadelphia, PA 19106
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