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 property 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). ✅ High Demand Area – Strong market demand ensures excellent return on investment for future development.
Lot/land
$1,500,000
239 Chestnut St, Philadelphia, PA 19106
--beds
--baths
2,651Square Feet
Unimproved Land
Built in ----
2,651 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic charmGenerous lot sizeHighly sought-after locationThriving neighborhoodVibrant neighborhoodExpansive property
- 88 days
- on Zillow |
- 129 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: February 05, 2025 at 04:24am
Listed by:
Bob Kiziroglou 267-353-4123,
Long & Foster Real Estate, Inc. (610) 225-7440
Source: Bright MLS,MLS#: PAPH2442248

Travel times
Facts & features
Property
Lot
- Size: 2,651 Square Feet
- Dimensions: 25 x 106
Details
- Parcel number: NO TAX RECORD
- 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: $9,800
- Date on market: 2/5/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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