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INVESTMENT HIGHLIGHTS
- Bankruptcy Sale
EXECUTIVE SUMMARY
Bankruptcy Sale:
The Flynn Company is pleased to offer an exciting new opportunity to purchase 5600-14 Chestnut St and 5616-36 Chestnut St in West Philadelphia. The
two adjacent properties are situated on the SW corner of 56th & Chestnut St and are comprised of two separate office buildings on a combined land area
of 38,615 SF.
5600-14 Chestnut St is a 1-story, 6,914 SF medical office building; currently vacant. The building was fully renovated in 2011 and is built out with
numerous doctor’s offices, exam rooms, labs, a large procedure room and a pre- and post- operative patient care area. The property has frontage along
Chestnut St as well as 56th St and boasts an electrified signage pylon on the corner. The parcel also includes striped parking for approximately 30 vehicles.
5616-36 Chestnut St is a 2-story, 18,340 SF elevator-served medical office building that was previously occupied by Mercy Health Associates and Renal
Center of Philadelphia; it was most recently occupied in 2022 and is currently vacant. The building is in need of cleaning and updating before it can be
occupied again. It is built out with numerous doctor’s offices and exam rooms throughout. The parcel also includes striped parking for approximately 23
vehicles.
The offering presents a great opportunity for a medical user or as a future development site. Please contact The Flynn Company with any questions or
to schedule a property inspection.
The properties can be sold together or separately.
*ALL OFFERS TO PURCHASE ARE SUBJECT TO BANKRUPTCY COURT APPROVAL AND ARE ALSO SUBJECT TO HIGHER AND BETTER OFFERS*
The Flynn Company is pleased to offer an exciting new opportunity to purchase 5600-14 Chestnut St and 5616-36 Chestnut St in West Philadelphia. The
two adjacent properties are situated on the SW corner of 56th & Chestnut St and are comprised of two separate office buildings on a combined land area
of 38,615 SF.
5600-14 Chestnut St is a 1-story, 6,914 SF medical office building; currently vacant. The building was fully renovated in 2011 and is built out with
numerous doctor’s offices, exam rooms, labs, a large procedure room and a pre- and post- operative patient care area. The property has frontage along
Chestnut St as well as 56th St and boasts an electrified signage pylon on the corner. The parcel also includes striped parking for approximately 30 vehicles.
5616-36 Chestnut St is a 2-story, 18,340 SF elevator-served medical office building that was previously occupied by Mercy Health Associates and Renal
Center of Philadelphia; it was most recently occupied in 2022 and is currently vacant. The building is in need of cleaning and updating before it can be
occupied again. It is built out with numerous doctor’s offices and exam rooms throughout. The parcel also includes striped parking for approximately 23
vehicles.
The offering presents a great opportunity for a medical user or as a future development site. Please contact The Flynn Company with any questions or
to schedule a property inspection.
The properties can be sold together or separately.
*ALL OFFERS TO PURCHASE ARE SUBJECT TO BANKRUPTCY COURT APPROVAL AND ARE ALSO SUBJECT TO HIGHER AND BETTER OFFERS*
PROPERTY FACTS
| Price | $5,793,068 CAD | Number of Properties | 2 |
| Price / SF | $229.39 CAD / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 25,254 SF |
| Status | Active | Total Land Area | 0.89 AC |
| Price | $5,793,068 CAD |
| Price / SF | $229.39 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 25,254 SF |
| Total Land Area | 0.89 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5616-5636 Chestnut St, Philadelphia, PA 19139 | Office | 18,340 SF | 1925 | $3,140,820 CAD |
| 5600-14 Chestnut St, Philadelphia, PA 19139 | Retail | 6,914 SF | 1970 | $2,652,248 CAD |
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Chestnut St Investment
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