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Two-Level Office Space
For Lease
$4,919/Mo

115 CHESTNUT Street, Philadelphia, PA 19106

CommercialLease, PHILADELPHIA, PA

Space Size2,574 SF
Lot Size0.04 Acres
Days on Market11

Property Features for 115 CHESTNUT Street

General Information

Property type Other
Property subtype Office
Parking features Parking Lot, On Street
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.04 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1860
Building materials Masonry
Listing Agency: Keller Williams Main Line · Keller Williams Realty
Listed By: Jon M O'Shea · License #ab069634
Added: Aug 24 Changed: Sep 1 Last Checked: Sep 3 at 6:06PM
MLS# PAPH2663122

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,574 SF office offering occupies two connected floors within a masonry building at 115 Chestnut Street. A private interior staircase links the levels, while 10' ceilings provide vertical openness throughout the layout. Central heating and central air support year-round office operations.

The property is situated in Philadelphia’s Old City, near 2nd Street Station and Penn's Landing. Parking options include on-street spaces and a parking lot, adding practical flexibility for occupants and visitors.

Key Highlights

  • 2,574 SF of office space arranged across two connected floors
  • Private internal staircase links the two office levels
  • 10' ceilings throughout the space

Property Analytics

Current Use

Edens Ticketing Travel Agency Edens Corporation Freight Service Hazzouri & Associates Consultant ITM Global Logistics Logistics Company

Suggested Use

Top Pick Plumbing Service Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,993
Businesses Nearby

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

Lease Benchmarks for Philadelphia, PA

$22.29 /SF/Yr
Avg Asking Price
$6.31–$72.22 /SF/Yr
Price Range
11,709 SF
Avg Space Size

This space is priced 3% above the average of $22.29 /SF/Yr.

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Masonry office accommodation with central heating, central air, and access to on-street and lot parking.
Where is this office units located?
The property is located at 115 CHESTNUT Street Philadelphia, PA.
What is the lease rate?
The lease rate is $4,919/Mo.
What are key features of this property?
This property features: 2,574 SF of office space arranged across two connected floors; Private internal staircase links the two office levels; 10' ceilings throughout the space
More about this property
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