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    707 Chestnut St Philadelphia, PA 19106

    Sponsored
    For Sale
    $299,999

    BusinessOpportunity - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.11 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 13 at 2:06 am

    Property Features for 707 Chestnut St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air, Central
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Building materials
    Masonry

    National Realty Old City LLC (732) 670-6496 [email protected]

    Listing agent Billy Creagh (267) 439-6926 License #RM424688

    Listing date Jan 11, 2026

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant in Historic Philadelphia

    This newly renovated, fully equipped 4,200 square foot restaurant is available. The property is situated in a high-traffic, historic location. The space includes a convenient rear entrance, suitable for deliveries and operational efficiency. The rent is approximately $6,900 NNN. The location benefits from strong tourist traffic and local patronage due to its proximity to major historic landmarks, including Independence Hall, the Liberty Bell, and the National Constitution Center. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lamberti Pizza & Market Market Legacy Mural Museum Jefferson Flats Apartment Building

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -75.15262
    Latitude
    39.94978

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant in high-traffic location near historic landmarks.
    Where is this turn key restaurant located?
    The property is located at 707 Chestnut St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $299,999.
    What are key features of this property?
    This property features: - Fully equipped 4,200 SF restaurant space ready for immediate operation.; - High-traffic, historic location near Independence Hall, Liberty Bell, and National Constitution Center.; - Reasonable $6,900 NNN base rent for a restaurant of this size and quality.
    (267) 439-6926
    Request Owner's contact information
    707 Chestnut St Philadelphia, PA 19106
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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
    707 Chestnut St Philadelphia, PA 19106
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