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    2300-2350 Chestnut St Philadelphia, PA 19103

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    For Lease
    Contact for pricing

    Ground floor retail and office spaces in Rittenhouse Square.

    Property size:
    5,533 SF
    Lot size:
    0.54 Acres

    Property Features for 2300-2350 Chestnut St

    General Information

    Size
    5,533 SF
    Lot size
    0.54 Acres

    Source: MSC Retail - Philadelphia Agent Josh Weiss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail/Office Space Available

    Located at the southwest corner of 23rd and Chestnut Streets, this property offers ground floor spaces suitable for retail and office use. The spaces feature architectural character, exceptional frontage, high ceilings, and exposed columns, brick, and ductwork. Multiple configurations are available, with the potential for combining suites to create tremendous frontage. The property benefits from strong visibility at the corner, with an average annual daily traffic count of 6,700 on 23rd Street and 6,300 on Chestnut Street. Situated in the prominent Rittenhouse Square neighborhood, the location provides convenient access to University City, with both 30th Street Station and the central business district within a 0.5-mile walk.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.178527
    Latitude
    39.952459

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    FAQs

    What type of property is this?
    Retail space - Ground floor retail and office spaces in Rittenhouse Square.
    Where is this retail space located?
    The property is located at 2300-2350 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: - Prominent Rittenhouse Square location, gateway to University City, near 30th Street Station and the Central Business District.; - Excellent architectural character with exposed columns, brick, and ductwork.; - Tremendous frontage and strong visibility at the corner of 23rd and Chestnut Streets.
    (215) 568-2600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300-2350 Chestnut St Philadelphia, PA 19103
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