Coffee Shop Storefront with
New
For Sale
Contact for pricing
108 CHESTNUT STREET 1ST FLOOR, Philadelphia, PA 19106
An open, street-level layout accommodates customer seating, service functions, and back-of-house operations.
Property Size2,115 SF
Price / SF$1.99
Days on Market4
Property Features for 108 CHESTNUT STREET 1ST FLOOR
General Information
Standard status
Active
Size
2,115 SF
Property subtype
Commercial
Site & Location
Neighborhood
Center City
Additional Details
Floor
1
Amenities
large windows
open floor plan
Building Details
Year Built
1900
Listing Agency:
Tahoe Realty LLC
(610) 453-3456
Listed By:
Xuemei Li · License #RS346389
(484) 714-2488
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tahoe Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,115-square-foot, first-floor storefront has large windows and an open interior. The layout can accommodate customer seating, service counters, display areas, and back-of-house operations. The space operated as a cafe for more than eight years, and the interior infrastructure is described as well maintained.
Located at 108 Chestnut Street in Philadelphia, the property is among local businesses, apartments, and offices. The street has pedestrian activity, with public transit connections and nearby parking options serving the area.
Located at 108 Chestnut Street in Philadelphia, the property is among local businesses, apartments, and offices. The street has pedestrian activity, with public transit connections and nearby parking options serving the area.
Key Highlights
- 2,115‑square‑foot first‑floor storefront
- Cafe operation at this location for more than 8 years
- Large windows and an open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,904
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,080
$478.1K
Cap Rate 7%
$341,486
$341.5K
Cap Rate 9%
$265,600
$265.6K
Market Conditions
NOI Build-Up for 2,115 SF
Gross rent
$38.1K $18.00/SF
− Vacancy
−$3.9K −$1.85/SF
EGI
$34.1K $16.15/SF
− OpEx
−$10.2K −$4.84/SF
NOI
$23.9K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,080
Cap Rate 7%
$341,486
Cap Rate 9%
$265,600
Alternative Uses
Best Use
Specialty Retail
$437.8K
$383.1K – $510.8K
NOI $30,646 @ 7.0% cap · market cap 729.67%
Second Best
Retail
$341.5K
$298.8K – $398.4K
NOI $23,904 @ 7.0% cap · market cap 569.14%
Theoretical Best
Multifamily LT 5
$515.6K
$451.2K – $601.5K
NOI $36,092 @ 7.0% cap · market cap 859.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,993
Businesses Nearby
72k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 52%
Shops & Services 23%
Groceries 17%
Dining 8%
Philadelphia Marriott Old City
Hotels & Casinos
14,972 visits/mo
0.1 miles
ACME Markets
Groceries
12,615 visits/mo
0.4 miles
Kimpton Hotel Monaco Philadelphia
Hotels & Casinos
10,769 visits/mo
0.3 miles
TD Bank
Shops & Services
6,416 visits/mo
0.5 miles
Starbucks
Dining
5,627 visits/mo
0.3 miles
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Bairro Italiano Philly — 900 S 9th St, Philadelphia, PA 19147
- Gleaner's Cafe — 917 S 9th St, Philadelphia, PA 19147
- Jasani Cafe — 814 S 9th St 1st floor, Philadelphia, PA 19147
- Dript Coffee Co. — 806 S 6th St, Philadelphia, PA 19147
- Other Animal Coffee Roasters — 806 s 6th st, philadelphia, pa 19147
Frequently Asked Questions
What type of property is this?
Coffee shop - An open, street-level layout accommodates customer seating, service functions, and back-of-house operations.
Where is this coffee shop located?
The property is located at 108 CHESTNUT STREET 1ST FLOOR Philadelphia, PA.
What are key features of this property?
This property features: 2,115‑square‑foot first‑floor storefront; Cafe operation at this location for more than 8 years; Large windows and an open floor plan
