239 Chestnut
Philadelphia, PA 19106
- – beds
- – baths
- – sqft
- 2,651 sqft lot
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.
Last checked:
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Last updated Feb 5, 2025
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MLS# PAPH2442248 —
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:S 3rd St and Chestnut
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Latitude:39.94881000
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Longitude:-75.14565000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant, Land/Lot Only
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot Size Dimensions:25 X 106
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Lot Dimensions Source:Estimated
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Lot SqFt:2,651 Sqft
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Additional Parcels:No
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Zoning:CMX3
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 353-4123
- Office phone:
- (610) 225-7440
Taxes
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Tax ID Number:NO TAX RECORD
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Tax Year:2025
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Tax Annual Amount:$9,800
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Tax Assessed Value:$700,000
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Old City
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/5/25
Feb 5, 2025
|
Listed / Active | BRIGHT | $1,500,000 |