USAPAPhiladelphiaWest Philadelphia5532 Chestnut St

40 - 5532 Chestnut St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1

$1,399,999

40 - 5532 Chestnut St, Philadelphia, PA

Name: 40 - 5532 Chestnut St, For Sale in PHILADELPHIA - eXp Realty
Brand: coldwell banker realty
SKU: PAPH2524342
Price: 1399999 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Commercial Land

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $1,339

Days Active 8

Approx. Age 1900

MLS® Number PAPH2524342

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Prime Development Opportunity in Qualified Opportunity Zone – 12, 980 SF Double Lot with CMX2 Zoning, parcels include 5532-5540 Chestnut St. Located in a thriving commercial corridor just west of University City, this remarkable 12, 980 sq. Ft. Double property offers unmatched potential for investors or developers. The lots sit in a Qualified Opportunity Zone and is zoned CMX2, allowing for a wide range of commercial and residential uses. The existing structure currently houses a successful auto and tag shop, featuring: Two separate offices with private entrances, a spacious auto service bay that accommodates eight cars, a secure rear lot with room for eight additional vehicles, three half bathrooms and an attached 22-space parking lot supporting business operations Strategically located near Penn and Drexel Universities, this site sits at the forefront of University City’s westward expansion. It’s highly accessible via public transportation, including the SEPTA Market-Frankford Line, and offers easy pull-in access from Chestnut Street. Surrounded by high-traffic national retailers such as Wendy’s, Rite Aid, Fresh Grocer, and Dunkin’ Donuts, all within a two-block radius, this site benefits from strong daily foot and vehicle traffic.Whether you're seeking a long-term investment, income-producing asset, or a major redevelopment opportunity, this rare parcel delivers on location, flexibility, and future upside in one of Philadelphia’s most vibrant and evolving neighborhoods. All showings must be made with listing agent. No showings during business hours.Show Description

MLS® NumberPAPH2524342

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1900

Stories1

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air, Natural Gas

A/CCentral A/C, Window Unit(s), Natural Gas

Heating Fuel

Extras

Lifts, tag/insurance business and auto mechanic business.

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