List Search

701 Chestnut St
Philadelphia, PA 19106 Center City East

$3,700,000 USD

Office For Sale  •  10,500 SF

Property Details

  • Property Type Office
  • Total Building Size 10,500 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 6.25 %
  • Tenancy Multiple
  • Zoning C5, Philadelphia
100 Transit Score
99 Walk Score

Highlights

Prime Center City Investment Opportunity
West Washington Square neighborhood
immediate and stable income

Financial Summary (Actual)

Net Operating Income: $216,144 USD (2025)
Cap Rate: 6.25 %
Total Expenses: $39,696 USD

Major Tenants

Tenant SF Occupied Lease End Date
Old Nelson Food Co
Snj Property LLC

Public Transportation

Commuter RailDriveWalkDistance
Market East (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 9 min 0.5 mi
Suburban Station (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 4 min 20 min 1.0 mi
Transit/SubwayDriveWalkDistance
8th & Market St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 1 min 4 min 0.2 mi
5th Street (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 1 min 5 min 0.3 mi
9th-10th & Locust St (PATCO Speedline - Port Authority Transit Corporation Speedline (PATCO Speedline)) 3 min 8 min 0.4 mi
11th Street (Market-Frankford Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 8 min 0.4 mi
Market East (R1 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R3 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R5 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 9 min 0.5 mi
AirportDriveWalkDistance
Philadelphia International 21 min - 11.7 mi
Trenton Mercer 49 min - 33.3 mi
YanLing Zhang 215-500-0569 Home Vista Realty
YanLing Zhang 215-500-0569 Home Vista Realty