Prime Mixed-Use Investment Opportunity – Rittenhouse Square! Exceptional mixed-use asset located on prestigious Chestnut Street in the heart of Rittenhouse Square, Center City Philadelphia. This high-demand corner property offers strong visibility, consistent foot traffic, and long-term appreciation in one of the city’s most established commercial and residential corridors. The building includes approximately 1,800 SF of ground-floor retail/office space, ideal for a variety of commercial uses, plus five (5) residential units above. Each residential unit has been fully upgraded with modern kitchens and bathrooms, newly refinished hardwood floors, separate utilities, and individual heating and central air conditioning systems, minimizing owner expenses and maximizing operational efficiency. With its central location, diverse income streams, and turnkey condition, this property is well-positioned for both stable cash flow and future upside. An ideal acquisition for investors seeking a low-maintenance mixed-use property in a proven, high-demand market. Buyer responsible to verify taxes and sq ft. VIDEOS of each apartment unit available at request!
214 days
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294
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Zillow last checked:
Listing updated:
Listed by:
Matin Haghkar215-422-3711,
Plus Realtors2154223711,
Co-Listing Agent: Katherine Wang646-379-7109,
Plus Realtors
Source: Bright MLS,MLS#: PAPH2575438
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Basement
Area: 10000
Heating
Heat Pump, Natural Gas
Cooling
Central Air, Electric
Appliances
Included: Water Heater
Features
Flooring: Wood
Has fireplace: No
Interior area
Total structure area: 20,000
Total interior livable area: 20,000 sqft
Property
Parking
Parking features: None
Accessibility
Accessibility features: Doors - Swing In
Features
Pool features: None
Lot
Size: 1,829 Square Feet
Dimensions: 19.00 x 95.00
Details
Additional structures: Above Grade, Below Grade
Parcel number: 871268200
Zoning: CMX5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: A-Frame
Property subtype: Multi Family
Materials
Masonry
Condition
Good,Very Good
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Phone, Natural Gas Available, Electricity Available, Cable Available, Water Available, Sewer Available
Community & HOA
Community
Subdivision: Rittenhouse Square
Location
Region: Philadelphia
Municipality: PHILADELPHIA
Financial & listing details
Price per square foot: $164/sqft
Tax assessed value: $1,494,500
Annual tax amount: $20,920
Date on market: 1/15/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,1031 Exchange,Conventional
Inclusions: All Appliances Not Including Tenant Belongings.