Prime Development Opportunity – Unlimited Potential! Unlock the possibilities with this rare development opportunity in a highly sought-after location in Old City Philadelphia! Situated in a thriving neighborhood, this expansive parcel (25ft wide x 102 ft deep) offers endless potential for builders, investors, and visionaries looking to create something extraordinary. Whether you're looking to build a boutique residential complex, or a custom dream home, this property is a blank canvas awaiting your vision. Old City is one of Philadelphia’s most historic and vibrant neighborhoods, known for its charming cobblestone streets, rich cultural scene, and prime real estate opportunities. As the birthplace of American independence, the area blends historic charm with modern amenities, attracting residents and businesses alike. Located near major attractions like Independence Hall, the Liberty Bell, and the bustling waterfront, Old City boasts a thriving arts scene, top-rated restaurants, boutique shopping, and easy access to public transportation. With strong demand for residential and mixed-use development, this highly desirable neighborhood offers an exceptional investment opportunity in the heart of Philadelphia. Key Highlights: - Prime Location – Conveniently positioned near top amenities, schools, shopping, and transportation. - Expansive Lot – Generous lot size provides ample space for multi-unit development or custom build. - Zoning Potential – Favorable zoning allows for a variety of residential or mixed-use projects (buyer to verify with local authorities). Zoned CMX3 - High Demand Area – Strong market demand ensures excellent return on investment for future development.
Lot/land
Price cut: $100K (5/15)
$1,400,000
239 Chestnut St, Philadelphia, PA 19106
--beds
--baths
2,550Square Feet
Unimproved Land
Built in ----
2,550 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 76 days
- on Zillow |
- 130 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 04:51am
Listed by:
Bob Kiziroglou 267-353-4123,
Long & Foster Real Estate, Inc. (610) 225-7440
Source: Bright MLS,MLS#: PAPH2483276

Travel times
Facts & features
Property
Lot
- Size: 2,550 Square Feet
- Dimensions: 25 x 102
Details
- Parcel number: 885000111
- Zoning: CMX3
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Old City
HOA
- Has HOA: No
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $700,000
- Annual tax amount: $9,798
- Date on market: 5/15/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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