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Mixed-Use Land for Sale in Philadelphia, Pennsylvania

239 Chestnut St, Philadelphia, PA 19106

$1,300,000
0.06 acres
Active
$100k drop
Est $9,689/mo

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.

Location

Street address
239 Chestnut St
Community
Old City
School district
Philadelphia City
Elevation
23 feet
Coordinates
39.9488, -75.1456

Directions

Between 2nd and Chestnut and 3rd and Chestnut

Property details

Lot size
0.06 acres2,614 sq ft
Source
LONGANDFOSTER
Posted

Property taxes

Recent
$9,798

Parcels

  • 001S020213

Listing history

DateEventPriceChangeSource
Aug 4, 2025Price drop$1,300,000$100,000 -7.1%LONGANDFOSTER
May 16, 2025New listing$1,400,000LONGANDFOSTER
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This 0.06-acre property is located at 239 Chestnut St in Philadelphia, PA 19106. The property is available for sale for $1,300,000.

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