ACTIVE
4817-23 Chester Ave
Philadelphia PA, 19143
$1,900,000
$296.41 per sqft
ACTIVE
6,410 sqft
Residential
Built in 1925
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.
PAPH2297024
MLSⓇ ID
May 9, 2024
Updated
Map
4817-23 Chester Ave
Philadelphia PA, 19143
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.2 Acres
Architectual Style
Other
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$7,787
Tax Frequency
Annually
Days on Market
98
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by Andre Quain, with KW Empower
Listing Contact: 2155009180
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Data last updated on 5/9/2024 at 5:34 AM UTC