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Map
$1,900,000
●
Commercial -
For Sale
4817-23 CHESTER AVE
PHILADELPHIA, PA 19143
Studio
0 Bath
$9,330
Estimated Monthly
$0
HOA / Fees
About This Property
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.
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.
Unit Size
-
Days on Market
169 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$649
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (Bright MLS #PAPH2296040)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 13, 2023 | Listed by KW Empower | $1,900,000 | |
Listed by KW Empower |
Property Highlights
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 6
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Masonry
Lot Information
Tidal Water: N
Lot Size Dimensions: 70.00 x 125.00
Lot Size Source: Estimated
Land Information
Land Assessed Value: $556,300
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $3,514
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $556,300
Tax Year: 2022
Tax Annual Amount: $7,787
Year Assessed: 2023
Utilities Details
Cooling Type: Other
Heating Type: Other
Cooling Fuel: Electric
Heating Fuel: Natural Gas, Electric
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
4817-23 Chester Avenue
4817-23 Chester Avenue, Philadelphia, PA 19143
- 1 Unit for Sale
About West Philadelphia
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