$2,295,000
301 Chestnut St, Philadelphia, PA 19106
0 Beds
0 Baths
n/a SqFt

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Rare opportunity to acquire a historic property nestled in the heart of Old City, Philadelphia. 301 Chestnut is ideally located at the corner of 3rd and Chestnut Street in the middle of the Philadelphia Old City Historic District and is a short walk to all of the historical sites, restaurants, galleries, shopping, and nightlife throughout Old City. This 5,765- square-foot four-story building offers a restaurant/bar on the first floor and basement, 18 rooms-12 combined mini-suites, and 6 single rooms with 12 bathrooms on the upper floors. The remarkable building is currently in shell condition and maintains a hotel liquor license. This investment represents an excellent opportunity for an owner-operator. The property is in shell condition and being sold as-is. Liquor license included with the sale.
  • Price:
  • $2,295,000
  • Acreage:
  • 0.03
  • Year Built:
  • 1832
  • Listing ID #:
  • PAPH992032
  • Street Address:
  • 301 Chestnut St
  • City:
  • Philadelphia
  • State:
  • Pennsylvania
  • Postal Code:
  • 19106
  • County:
  • Philadelphia
  • Community:
  • 19106 (19106)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
School District: The School District Of Philadelphia
n/a

GEN. GEORGE A. MCCALL SCHOOL
Public
n/a

GEN. GEORGE A. MCCALL SCHOOL
Public
n/a

HORACE FURNESS
Public
  • Building Condition:
  • Major Rehab Needed
  • View:
  • City
  • Year Built:
  • 1832
  • Year Built Source:
  • Assessor
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Cmx3
  • Lot Description:
  • 25.00 X 55.00
  • Lot Features:
  • Corner
  • Lot Square Footage:
  • 1375.00
  • Days On Market:
  • 124
  • On Market Date:
  • 2022-05-18
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Conventional
  • Cross Street:
  • 3rd St
  • Location Description:
  • Urban
  • Tax Municipality:
  • Philadelphia
  • City Taxes:
  • 3518.00
  • Price Per Square Foot:
  • 398.09
  • Property Taxes:
  • $7,795
  • Tax Year:
  • 2020
  • Parking Type:
  • On Street
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Compass RE
  • © 2022 BRIGHT, All Rights Reserved BRIGHT

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