Active
239 Chestnut
Philadelphia PA, 19106
$1,500,000
$565.82 per sqft
Active
0.06 Acres
Land
Prime Development Opportunity - Unlimited Potential! Unlock the possibilities with this rare development opportunity in a highly sought-after location in Old City Philadelphia! Situated in a thriving neighborhood, this expansive property offers endless potential for builders, investors, and visionaries looking to create something extraordinary. Whether you're looking to build a boutique residential complex, or a custom dream home, this property is a blank canvas awaiting your vision. Old City is one of Philadelphia's most historic and vibrant neighborhoods, known for its charming cobblestone streets, rich cultural scene, and prime real estate opportunities. As the birthplace of American independence, the area blends historic charm with modern amenities, attracting residents and businesses alike. Located near major attractions like Independence Hall, the Liberty Bell, and the bustling waterfront, Old City boasts a thriving arts scene, top-rated restaurants, boutique shopping, and easy access to public transportation. With strong demand for residential and mixed-use development, this highly desirable neighborhood offers an exceptional investment opportunity in the heart of Philadelphia. Key Highlights:
Prime Location - Conveniently positioned near top amenities, schools, shopping, and transportation.
Expansive Lot - Generous lot size provides ample space for multi-unit development or custom build.
Zoning Potential - Favorable zoning allows for a variety of residential or mixed-use projects (buyer to verify with local authorities).
High Demand Area - Strong market demand ensures excellent return on investment for future development.
PAPH2442248
MLSⓇ ID
February 5, 2025
Listed
February 12, 2025
Updated
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$9,800
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by Long & Foster Real Estate, Inc.
Listing Contact: 2673534123
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2025 Bright MLS, Inc. all rights reserved.
Data last updated on 2/12/2025 at 3:28 PM UTC