1206 Chestnut St, Philadelphia, PA, 19107

1206 Chestnut St, Philadelphia, PA, 19107 < >
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for sale
$3,999,000
Square Feet:13056
Lot Size:0.08 Acres
Year Built:1950
Status:Active
MLS #:PAPH912018
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
Presenting Turn Key Office Space with all utilities fully functioning and intact: Located in the heart of Center City Philadelphia, this four story, CMX-5 building boasts over 13,000 sqft, with 24~ of frontage on bustling Chestnut Street. Maximum occupied area is 100%. Surrounded by commercial, residential and mixed use buildings. Walking distance to the top restaurants in the area, multiple gyms, hospitals, shopping, City Hall and the Center City Business District. This property was formerly occupied by Philadelphia Federal Credit Union, which utilized all four floors as office use. The first floor was used as the operational retail banking lobby, and the floors above were corporate offices. This property has an abundance of potential, as CMX-5 allows for underground parking. This mixed use building would be ideal for an anchor business with storefront on the first floor, and floors 2-4 utilized as luxury condos. Adjacent to this property, The Shops at Liberty Place are being constructed which will bring a large influx in traffic count. This ideal location will demand the highest price per square foot in rental income to prospective tenants. Don~t miss out on the opportunity to grab the dissolving tax abatement while you still can, and be a part of the ever improving Center City District Foundation.
Interior Details
Building Total SQFT: 13056.00

Exterior Details
Lot Size Acres: 0.08Lot Size Dimensions: 24.00 x 144.00
Lot SQFT: 3456.00

Community Information
County: PHILADELPHIASubdivision Name: CENTER CITY
Zoning: CMX5

Property Information From MLS Data
Accessibility Features: ElevatorBusiness Type: Other
DOM: 1MLS Area: 19107 (19107)
New Construction YN: NProperty Sub Type: Office
Year Built: 1950

Utilities
Cooling Type: Central A/CHeating Type: Central
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
Co List Agent Full Name: Rebecca L Rynkiewicz
List Agent Full Name: Raffaellina Merlino
List Office Name: Keller Williams Philly

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Monthly Payment for 1206 Chestnut St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$3,999,000
Down Payment:
Loan Amount:$3,199,200
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Raffaellina Merlino, Keller Williams Philly

Information obtained from Bright MLS is current as of 9/27/2020 5:32 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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