241-43 Chestnut St Philadelphia, PA 19106
This exceptional 2,438 square foot retail condominium, located at 241-43 Chestnut Street in Philadelphia, Pennsylvania, presents a unique investment opportunity. Situated in a desirable location within Philadelphia County, zip code 19106, this property boasts seven individual units within an elevator building, offering versatility and potential for various uses. Built in 1900, the building is zoned CMX3, allowing for a range of commercial enterprises. The asking price is $500,000, translating to a price per square foot of $205.09. The property's Assessed Parcel Number (APN) is 888035172. Ideal for a variety of uses, including storage, offices, fitness businesses, or retail ventures, this condominium offers significant potential for return on investment. The property's central location in Philadelphia provides excellent accessibility and visibility, making it an attractive proposition for both established businesses and new ventures. The motivated seller makes this an opportune time to acquire a well-positioned commercial property in a thriving urban environment. This is a grade-level condo, offering convenient access. The property's coordinates are latitude 39.9486805 and longitude -75.1458184. Don't miss this chance to own a piece of Philadelphia's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.