707 CHESTNUT STREETPHILADELPHIA, PA 19106
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$13,687On 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.
| 4 days ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
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