2601 West Chestnut Street
Mixed Use | 9,832 SqFt
Marketing description
2601 Chestnut Ave | Mixed-Use Commercial Investment Opportunity
Introducing 2601 Chestnut Ave, a substantially renovated mixed-use commercial property offering scale, flexibility, and multiple income streams. This asset is well-positioned for investors seeking a stabilized or value-add opportunity with strong tenant demand potential.
Property Overview:
35 total units
15 total bathrooms
Fully renovated with new flooring, new windows, and fresh paint throughout
Property is move-in ready, minimizing upfront capital expenditures
Residential Component:
Second Floor:
13 individual rooms with shared common areas and bathrooms
Third Floor:
13 individual rooms with shared common areas and bathrooms
Apartment Mix Includes:
(2) 2-bedroom / 1-bathroom apartments
(2) 1-bedroom / 1-bathroom apartments
(1) 3-bedroom / 1-bathroom apartment
(2) efficiency apartments
This diverse unit mix supports multiple operating strategies, including traditional rentals, rooming house operations, workforce housing, or transitional housing (buyer to verify intended use).
Commercial Component:
First-floor commercial space located at the front of the building
Open layout offering a blank canvas for retail, office, community-based use, or service-oriented businesses
Excellent visibility and street presence, enhancing tenant appeal and branding opportunities
Key Highlights:
Renovated and tenant-ready
Flexible mixed-use configuration
Multiple income streams under one roof
Strong upside through lease-up and optimized management
Ideal for investors, developers, or owner-operators seeking scale in one acquisition
Investment Potential:
This property is well-suited for buyers looking to deploy capital into a renovated, large-unit-count mixed-use asset with room for operational creativity and long-term appreciation.
Investment highlights
Exceptional opportunity to acquire a large-scale mixed-use commercial building with significant value-add and redevelopment potential. This asset is built for investors seeking multiple income streams, repositioning flexibility, and long-term upside.
The property features 26 total rooms across the upper levels—13 rooms on the second floor and 13 rooms on the third floor—providing a strong foundation for conversion, reconfiguration, or expansion of revenue-producing uses (buyer to verify zoning and intended use).
The residential component includes a diverse unit mix designed to support cash flow stability:
Two (2) 2-bedroom / 1-bath units
Two (2) 1-bedroom / 1-bath units
One (1) 3-bedroom / 1-bath unit
Two (2) efficiency units
The first-floor commercial space is vacant, delivering immediate value-add. Positioned at the front of the building with strong visibility, the space includes two bathrooms and an open footprint ideal for a retail storefront, office, creative studio, or event venue—allowing the next owner to activate income quickly or tailor the space to market demand.
This asset is well-suited for investors, developers, or owner-operators targeting repositioning, adaptive reuse, or portfolio expansion. Opportunities of this size and flexibility are increasingly difficult to source.
Serious investors only. Assets with this level of scale, versatility, and upside do not last.
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