Philadelphia Real Estate & Philadelphia Homes for sale at Philly Living

For more information or to see this property contact the Philly Living team at (267) 238-1085

Primary development opportunity as development merges downtown with Broad Street on Chestnut Street. This building has all the goods for a condominium conversion if not for demolition and erection of a larger building, based on the size of it's plot, block to block from Chestnut to Sansom Street. Directly across the street from the Girard Estate block option that was purchased and sold for a ten million dollar profit, this location screams opportunity! The proposed development of 11th to 12th, Chestnut to Market is a mall with a 1200 room hotel and over a million sq ft of office space. At the end of the block is the Wht Building condominium development and 2 & 3 blocks were other condominium conversions that are selling for a minimum of three hundred per ft. This area is changing monthly. There is a proposal for a boutique hotel on the corner by CREI. There are 2 elevators, 1200 and 4000 pound capacity, a fire stairwell, 15 foot ceiling on the first floor and 9'7" throughout the rest of the building.

Listed by Coldwell Banker Preferred-Old City.