Skip To Content

301 Chestnut Street

PHILADELPHIA, PA 19106
  • $2,295,000
  • STATUS: Active
  • ON SITE: 114 Days
  • ID#: PAPH992032
UPDATED: 66 min ago
$2,295,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1832
County:

School Information

Description

Rare opportunity to acquire a historic property nestled in the heart of Old City, Philadelphia. 301 Chestnut is ideally located at the corner of 3rd and Chestnut Street in the middle of the Philadelphia Old City Historic District and is a short walk to all of the historical sites, restaurants, galleries, shopping, and nightlife throughout Old City. This 5,765- square-foot four-story building offers a restaurant/bar on the first floor and basement, 18 rooms-12 combined mini-suites, and 6 single rooms with 12 bathrooms on the upper floors. The remarkable building is currently in shell condition and maintains a hotel liquor license. This investment represents an excellent opportunity for an owner-operator. The property is in shell condition and being sold "as-is." Liquor license included with the sale.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T19:58:45.713.
www.locomusings.com/homes/127707999
Print Image

301 Chestnut Street PHILADELPHIA, PA 19106

  • Price: $2,295,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 66 min ago
  • ID#: PAPH992032
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1832
Built
Neighborhood:
19106 (19106)
County:
Philadelphia
Area:
19106 (19106)
Elementary School:
Gen. George A. Mccall School
Middle School:
Gen. George A. Mccall School
High School:
Horace Furness
School District:
The School District Of Philadelphia
Property Description
Rare opportunity to acquire a historic property nestled in the heart of Old City, Philadelphia. 301 Chestnut is ideally located at the corner of 3rd and Chestnut Street in the middle of the Philadelphia Old City Historic District and is a short walk to all of the historical sites, restaurants, galleries, shopping, and nightlife throughout Old City. This 5,765- square-foot four-story building offers a restaurant/bar on the first floor and basement, 18 rooms-12 combined mini-suites, and 6 single rooms with 12 bathrooms on the upper floors. The remarkable building is currently in shell condition and maintains a hotel liquor license. This investment represents an excellent opportunity for an owner-operator. The property is in shell condition and being sold "as-is." Liquor license included with the sale.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Lot Features Corner Parking Types On Street Property Condition Major Rehab Needed Riparian Rights YN No View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5765.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 5765.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Hotel/MotelRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street 3rd St Heating Fuel Other Hot Water Other Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304497858361 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 7795.00 Tax Assessment Amount 556900.00 Tax Lot 155 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Rail Station Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Cmx3

Listing courtesy of Compass Re.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T19:58:45.713.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304497858361-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304497858361-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304497858361-2.jpg
Logo
LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176