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718 CHESTNUT Street
PHILADELPHIA PA 19106 US

$3,291,500

Active Listing ID PAPH2528930
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Lot: 0.08 Acres
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Retail

$3,291,500

Active Listing ID PAPH2528930
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718 CHESTNUT Street Public Remarks: 718 Chestnut Street presents a rare opportunity to own a premier mixed-use property in the heart of Philadelphia's historic Old City/Center City East district. Offered at $3, 291, 500, this high-profile building is located along one of the city's most iconic commercial corridors, surrounded by world-class dining, shopping, cultural landmarks, and transit options. Zoned CMX-5 (Commercial Mixed-Use - highest density in Philadelphia), the property allows for maximum development flexibility including retail, restaurant, office, hotel, cultural, and multi-family residential uses. With no maximum height and generous FAR allowances, this site is ideally suited for investors, developers, and end-users seeking a flagship location in Philadelphia's urban core. Highlights: Prime location between 7th & 8th Streets, steps from Independence Hall, the Liberty Bell, Washington Square, and Jefferson/PA Hospital. Walking distance to public transportation, including the Market-Frankford Line (8th & Market Station) and multiple SEPTA bus routes. High-visibility frontage along Chestnut Street with steady foot and vehicle traffic. Surrounded by thriving retail, dining, and entertainment destinations in Old City and Center City. Flexible CMX-5 zoning enabling significant redevelopment or repositioning potential. Whether repositioned as a flagship retail space, redeveloped into luxury residential units, or transformed into a mixed-use tower, 718 Chestnut Street offers unmatched visibility, density, and long-term upside in one of the nation's most historically significant and economically vibrant urban neighborhoods.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Other
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Level Entry - Main, Ramp - Main Level
  • Heating Fuels: Forced Air

Property

  • propertytype: Other
  • propertysubtype: Retail
  • listprice: 3291500
  • unparsedaddress: 718 CHESTNUT Street
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19106
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.9492569
  • longitude: -75.15327454
  • listagentfullname: Karin Linde
  • listagentemail: karinacbrealty@gmail.com
  • listagentkey: 3yd-TRENDPA-3293426
  • listagentmlsid: 3293426
  • listagentpreferredphone: 2152376763
  • listagentofficephone: 2152376763
  • listofficekey: 3yd-TRENDPA-CBHS-DY
  • listagentstatelicense: RS347520
  • listofficemlsid: CBHS-DY
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1900
  • listingcontractdate: 2025-08-18
  • listagenturl: http://www.cbhearthside.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • cooling: Central Air
  • constructionmaterials: Masonry
  • heating: Forced Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Parking Lot, Garage
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.153275, 39.949257
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Hearthside, Realtors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"karinacbrealty@gmail.com", "ListBrokerageCity":"Richboro", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@cbhearthside.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/c5ababc320f84a2d0120f855cb9d0004/20090504171514186.jpeg", "ListBrokerageName":"Coldwell Banker Hearthside, Realtors", "ListBrokeragePhone":"215-364-3900", "ListBrokeragePostalCode":"18954", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1094 2nd Street Pike", "ListBrokerageWebsiteUrl":"http://www.cbhearthside.com", "ListOfficeAddress1":"212 N Main Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"CBHS-DY", "ListOfficeCity":"Doylestown", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@cbhearthside.com", "ListOfficePostalCode":"18901", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - PHILADELPHIA, PA", "ListingURL":null, "MLSModificationTimestamp":"2025-10-09 16:01:50", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":35287, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/9/2025 4:20:25 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Karin Linde, Coldwell Banker Hearthside-Doylestown, karinacbrealty@gmail.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.