239 Chestnut, Philadelphia, PA 19106 $1,500,000

Beds/Baths: /
Acreage: 0.06
Zoning:
CMX3
MLS#: PAPH2442248
Subdivision: Old City

Description

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.

Taxes: $9,800
Lot Dimens: 25 X 106
Front Footage:
School Dist: The School District Of Philadelphia
Home Assoc: No
Condo Assoc: No

Features

Utilities
Public Water, Public Sewer

Contact Information

Listing Courtesy of: Long & Foster Real Estate, Inc. , (610) 225-7440, art@lnf.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/16/2025.