|
|
Description |
 |
On behalf of ownership, The TCS Group is pleased to present the exclusive opportunity to acquire the fee simple interest in 707 Chestnut Street — home to Jefferson Flats, a boutique collection of five well-appointed two-bedroom apartments located in the heart of Center City Philadelphia The property also features 4,200 square feet of prime ground-floor retail space, currently leased to an established restaurant operator with a newly extended lease. An additional 4,546 square feet of commercial space spans the second and third floors, offering flexible potential for various future uses. This offering presents new ownership with a compelling value-add opportunity. With modest upgrades to the building’s common areas and light cosmetic enhancements to the residential units, there is strong potential to increase rental income. Moreover, a strategic approach to activating and monetizing the upper-level commercial space can unlock significant additional cash flow for an incoming investor.
|
|
|
Room Sizes |
 |
|
|
Location |
 |
|
|
Driving Directions |
 |
Please use GPS/Google Maps
|
|
|
Details |
 |
Basement - Brick/Mortar, Block, Concrete Perimeter
Exterior Features - Masonry
Cooling - Central A/C, Natural Gas
Heating - Central, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
|
|
|
|
|
|