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Property 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.

Features
0
: Masonry
N
: Electric
: Natural gas
: Natural gas
0
N
N
N
MLS Addon
KW Empower
Richard K Cassell
Annually
Annually
1700001130306
THE SCHOOL DISTRICT OF PHILADELPHIA
0 Acre
1,500 Acre
0
0 Acre
No
: Standard
$4,018
2023
CMX3
: Public Sewer
: Public
Restaurant/Bar,Other/General Retail
Commercial Features
0 Acre

Commercial Sale

138 CHESTNUT STREET, PHILADELPHIA, Pennsylvania 19106

0.01 Acre
$699,999
Listing ID #PAPH2224652
Basic Details
Property Type : Commercial Sale
Listing Type : Residential Sale
Listing ID : PAPH2224652
Price : $699,999
Year Built : 1900
Lot Size : 0.01 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19106
Status : ACTIVE
Property Sub Type : Mixed Use
Price Per SQFT : $467
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