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$3,999,000.00

1206 CHESTNUT

PHILADELPHIA, PA 19107

3456.00 Sq. Ft.

Year Built : 1950

List Date : 2020-07-07

MLS# : B PAPH912018

Presenting Turn Key Office Space with all utilities fully functioning and intact: Located in the heart of Center City Philadelphia, this four story, CMX-5 building boasts over 13,000 sqft, with 24~ of frontage on bustling Chestnut Street. Maximum occupied area is 100%. Surrounded by commercial, residential and mixed use buildings. Walking distance to the top restaurants in the area, multiple gyms, hospitals, shopping, City Hall and the Center City Business District. This property was formerly occupied by Philadelphia Federal Credit Union, which utilized all four floors as office use. The first floor was used as the operational retail banking lobby, and the floors above were corporate offices. This property has an abundance of potential, as CMX-5 allows for underground parking. This mixed use building would be ideal for an anchor business with storefront on the first floor, and floors 2-4 utilized as luxury condos. Adjacent to this property, The Shops at Liberty Place are being constructed which will bring a large influx in traffic count. This ideal location will demand the highest price per square foot in rental income to prospective tenants. Don~t miss out on the opportunity to grab the dissolving tax abatement while you still can, and be a part of the ever improving Center City District Foundation.



FEATURES

  • Construction: Masonry
  • County: PHILADELPHIA
  • Subdivision: CENTER CITY
  • Tax Amount: $65,730.00
  • Tax Year: 2020
  • Waterfront: N

This listing is courtesy of Keller Williams Philly