Development Site in University
For Sale
$1,200,000
4206 Chestnut St, Philadelphia, PA 19104
2,754 SF development site near universities and medical centers.
Property Size19,288 SF
Price / SF$62.21
Days on Market168
Property Features for 4206 Chestnut St
General Information
Standard status
Active
Size
19,288 SF
Taxes and HOA fees
Annual Taxes
$8,032
Listing Agency:
TCS Management, LLC
(267) 210-3080
Listed By:
Moshe Adika · License #RS362800
(267) 210-3080
Source:
Exprealty
Added: Mar 17
Changed: Aug 27
Last Checked: Aug 29 at 2:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCS Management, LLC
Investment Insights
Based on property information with market context.
This 2,754 square foot development site is located at 4206-4208 Chestnut Street in the University City section of Philadelphia. The property is zoned CMX-4, offering the opportunity to develop 23 residential units "by right". The location has a walk score of 96 and is situated in the Spruce Hill section of University City. Penn Presbyterian Medical Center and the Science Center are approximately a 15-minute walk away. Drexel’s Vidas Athletic Complex and Fields are approximately an 8-minute walk away. The University of Pennsylvania, Drexel University, St. Joseph’s University, and the Penn Medicine and Children’s Hospital of Philadelphia complexes are approximately a 25-minute walk or a 10-minute bike ride away. SEPTA’s Market-Frankford Line is accessible via 40th Street or 46th Street Stations, and a bus stop is located steps from the site. The property is suitable for attracting the growing "eds and meds" tenant base.
Key Highlights
- Opportunity to develop 23 residential units "by right" due to CMX‑4 zoning.
- Located in the highly walkable Spruce Hill section of University City (Walk Score: 96).
- Proximity to major educational and medical institutions (University of Pennsylvania, Drexel University, Penn Presbyterian Medical Center, CHOP).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,663
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 2,754 SF development site near universities and medical centers.
Where is this commercial land located?
The property is located at 4206 Chestnut St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Opportunity to develop **23 residential units** "by right" due to CMX‑4 zoning.; Located in the highly walkable Spruce Hill section of University City (**Walk Score: 96**).; Proximity to major educational and medical institutions (University of Pennsylvania, Drexel University, Penn Presbyterian Medical Center, CHOP).
