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9,555 sqft

$2,750,000

718 CHESTNUT STREET, PHILADELPHIA PA, 19106

Price per sqft$287.81
Built in2014
Property size9,555 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Jun 4, 2026

Updated 4h ago

Investors & Entrepreneurs take note of this rare opportunity to own this amazing 9600 square foot turnkey property. Currantly 100% Vacant This impressive three story building also includes a Fully Finished Basement with Elevator service to all levels. A complete renovation from Top to Bottom in 2011-12 includes a long list of upgrades from New Bathrooms, Walls, Floors and Staircases to New Electric, Plumbing and hi-efficiency HVAC Systems. The heavy lifting has already been done to expedite and prepare this luxury space for your business or multiple businesses to be up and running in record time with minimal headaches and huge savings. In addition, you will find that a sprinkler system has been installed on all floors, including the basement level for maximum safety and code compliance. Once you see the interior layout your mind will be working overtime imagining all of the possibilities that this incredible property presents to you. The First Floor offers a Grand Reception area and kitchenette where you can picture a flagship retail store. On the Second Floor you find two Spacious Rooms with gleaming Hardwood Floors and soaring Ceilings perfect for a gallery or high end office space. The Third Floor is a blank canvas opening options for an Apartment Conversion adding to the overall value. And, don’t forget the finished basement providing tons of additional storage or work space. Current Zoning is CMX-5 (Attached) which opens up unlimited potential for high end retail, professional offices or residential conversion. Located just blocks from the Market Street Revitalization Project you have Major Historical Attractions, the City’s World Renowned Hospitals and Critically Acclaimed Restaurants all blending perfectly side by side. Be assured that whether your new space attracts an already thriving or unique start up business they will be proud and anxious to be a part of an area that is quickly becoming the city’s premier “Place to Be”.

Additional information

MLS® ID
PAPH2626180

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$2,520,900
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by New Horizons Real Estate, Inc.
Listing Contact: 2158336690 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/15/2026 at 11:18 PM UTC

 

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