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Property profile & analytics
OFF-MARKET Estimated value $545,000
Bars & Pubs

704 Chestnut St Philadelphia, PA 19106-3201

8,250 SF 0.07 ac lot Built 1900
Entity Owned 29-yr Hold Absentee Owner Free & Clear
Property ID
US73-0226351
Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,250 SF
Lot 0.07 ac (3,245 SF)
Zoning code CMX5
APN 88-2-4899-00
UPID US73-0226351
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$545k
Owner & transaction history
700 CHESTNUT STREET ASSOC
700 CHESTNUT STREET ASSOC
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-…

Zone name Center City Commercial Mixed Use
General category MIXED_USE
Zone area 342.45 ac
Source TITLE 14. ZONING AND PLANNING
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