Description for
138 Chestnut StreetPhiladelphia, PA 19106
Rare opportunity to acquire a cash flowing value add building on one of the most iconic blocks in Old City, with highly favorable zoning to build vertical. This 3 story building houses the legendary sushi spot, Oishii Sushi & Ramen, which has been at this location for over 30 years. The current owner purchased the building with 2nd and 3rd floors un developed as raw space. Here is your chance to build multiple more stories to increase the value and cash flow. Current tenant just renewed last year for their only option in the lease.
Price
$699,999
PHILADELPHIA
1,500 (approx)
PAPH2224652
Active
Description
Rare opportunity to acquire a cash flowing value add building on one of the most iconic blocks in Old City, with highly favorable zoning to build vertical. This 3 story building houses the legendary sushi spot, Oishii Sushi & Ramen, which has been at this location for over 30 years. The current owner purchased the building with 2nd and 3rd floors un developed as raw space. Here is your chance to build multiple more stories to increase the value and cash flow. Current tenant just renewed last year for their only option in the lease.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.01 Acres
1,500 (approx)
1900
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat,Central
Exterior / Lot Features
On Street
14.00 x 43.00
Driving Directions
On Chestnut St.
Financial Considerations
882487400
$4,018
Listing Price History
Philadelphia Real Estate
Philadelphia is located in Pennsylvania.
Philadelphia, Pennsylvania 19106 has a population of 1,615,184.
The median household income in Philadelphia, Pennsylvania 19106 is
$114,007.
The median household income for the surrounding county is $50,724
compared to the national median of $66,222.
The median age of people living in Philadelphia 19106 is 37 years.
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Courtesy: KW Empower
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