4817-23 CHESTER AVE Active

Philadelphia,PA 19143

$ 1900000

- Bed

- Bath

6810 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,810 sqft

Price per Sqft $279

MLS Listing ID PAPH2296040

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $7,787

Tax Year 2024

Lot Size 8,750 Sqft

Acres 0.2

Lot Dimensions 70.00 x 125.00

Property Description

Calling all commercial investors and developers for an excellent development opportunity in Kingsessing.
This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking.
The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit.
All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor.

Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University.
It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Heat Source Natural Gas,Electric

Exterior

Garage Spaces 6.0

Utilities Available Natural Gas Available,Electric Available

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 882924146

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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