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701 Chestnut Street, Philadelphia, PA 19106

$3,500,000
  • 701 Chestnut Street, Philadelphia, PA 19106 Main Photo

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Price Reduced $100,000 on February 18th, 2026
MLS#PAPH2561448
STATUSACTIVE PROPERTY TYPECommercial - Business SUBDIVISIONWASHINGTON SQ WEST SCHOOLPHILADELPHIA CITY

Property Description

Prime Center City Investment Opportunity! Welcome to the stunning five-story commercial building located in the heart of Philadelphia’s vibrant Washington Square West neighborhood. This impressive property features six units plus a long-term deli tenant on the first floor, providing immediate and stable income. The building’s classic façade and prime location just steps from Independence Hall, Washington Square Park, and major transit lines make it a standout addition to any investment portfolio. Here is your chance to gain a solid income-producing property in one of Philadelphia’s most desirable areas.

701 Chestnut Street | MLS# PAPH2561448

This commercial property located at 701 Chestnut Street, Philadelphia, PA 19106 is currently listed for sale with an asking price of $3,500,000. Chestnut Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.jessehershteam.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.05 Acres
Taxes: $21,696
Year Built: 1900

Feature Descriptions

Exterior: Masonry
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 7
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Home Vista Realty
Agency Phone: 2159808881

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 12:00:05 AM EST) or Bright MLS (last updated Tue 03/03/2026 11:50:12 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Homesale Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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The Jesse Hersh Team
Jesse Hersh, Aimee Brossman, Tyler Mow 

215 S. Centerville Road, Lancaster, PA 17603
717-393-0100

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