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Listed by Samantha Lee Miller • Select Commercial Advisors
$ 2,200,000
Est. payment /mo
New
4225-31 CHESTNUT ST Philadelphia, PA 19104
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2553594
Year Built 1960
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 65.0 x 214.50
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
4225-31 Chestnut Street presents a rare investment opportunity in the heart of University City - one of Philadelphia's strongest and most rapidly evolving submarkets. The property consists of a ±27,820 square foot office building delivered vacant, offering immediate flexibility for repositioning, adaptive reuse, or full redevelopment. Situated on a sizable lot with high-density zoning (CMX-4) and excellent frontage (±65 ft) along both Chestnut and Ludlow Streets, the site benefits from strong visibility, accessibility (±2 blocks to the 40th Street MFL Station), and proximity to major institutions including the University of Pennsylvania, Drexel University, and Penn Presbyterian Medical Center.
This property presents the opportunity to generate income while pursuing plans for redevelopment, or obtain a long-term tenant in a core submarket. The site's favorable zoning and surrounding high-demand rental and student housing market further enhance its long-term upside.
With exceptional fundamentals, strong surrounding demographics, and limited development-ready sites remaining in University City, 4225 Chestnut Street offers developers a strategic opportunity to unlock significant value through redevelopment or repositioning in one of Philadelphia's most sought-after growth corridors.
This property presents the opportunity to generate income while pursuing plans for redevelopment, or obtain a long-term tenant in a core submarket. The site's favorable zoning and surrounding high-demand rental and student housing market further enhance its long-term upside.
With exceptional fundamentals, strong surrounding demographics, and limited development-ready sites remaining in University City, 4225 Chestnut Street offers developers a strategic opportunity to unlock significant value through redevelopment or repositioning in one of Philadelphia's most sought-after growth corridors.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 1.0
Water Access N
Accessibility Ramp - Main Level
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 773597500
Ownership Fee Simple
Special Listing Condition Standard
