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.

Shantil Newton

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