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    707 Chestnut St Philadelphia, PA 19106

    Sponsored
    For Sale
    Contact for pricing

    Prime Chestnut Street location, newly renovated.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional business opportunity presents a thriving, newly renovated 4200 square foot upscale pizza restaurant located on Chestnut Street in Philadelphia, Pennsylvania, zip code 19106. The establishment boasts a charming and inviting atmosphere, perfect for both casual dining and romantic evenings. The restaurant's menu features a diverse selection of high-quality pizzas and other classic Italian dishes, prepared with fresh, carefully sourced ingredients. From the rich tomato sauce to the perfectly crisp crust, every dish reflects a commitment to authentic Italian flavors. Beyond pizza, the menu includes a variety of pasta dishes, calzones, and fresh salads, catering to a wide range of tastes and dietary needs. The restaurant's prime location on Chestnut Street ensures high visibility and foot traffic, contributing to its success as a local favorite. This turnkey operation offers a unique chance to acquire a well-established and profitable business in a vibrant Philadelphia neighborhood. The sale includes all necessary equipment and fixtures for immediate operation. Financial details are available upon request. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a profitable venture in a desirable market. Serious inquiries only.

    Property Features for 707 Chestnut St

    General Information

    Property type
    Investment properties

    HighLights

    • Established Upscale Pizzeria for Sale in Philadelphia, PA.
    • 4200 SF newly renovated space on Chestnut Street.
    • Serves a variety of Italian dishes, including pizza, pasta, and salads.
    • Uses fresh, high‑quality ingredients.
    • Prime location in Philadelphia's vibrant Chestnut Street corridor.
    Property Profile 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
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1526048
    Latitude
    39.9497346

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    FAQs

    What type of property is this?
    Investment property - Prime Chestnut Street location, newly renovated.
    Where is this investment property located?
    The property is located at 707 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: Established Upscale Pizzeria for Sale in Philadelphia, PA.; 4200 SF newly renovated space on Chestnut Street.; Serves a variety of Italian dishes, including pizza, pasta, and salads.
    (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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