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Historic Office Building in Old City
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123-129 Chestnut St, Philadelphia, PA

Mixed-use office building with historic architecture in a prime location.

Space Size2,900 SF
Lot Size0.69 Acres
Days on Market1287

Property Features for 123-129 Chestnut St

General Information

Standard status Active
Size 2,900 SF
Lot size 0.69 Acres
Property subtype OFFICE

Spaces For Lease

at 123-129 Chestnut St Contact us

Corn Exchange Building $24/SF/Yr

Floor
2
Size
2,900 SF
Type
OFFICE
Lease Type
PLUS_UTILITIES
Availability
AVAILABLE, Now
Sublease
No
- Mixed Use office building with historic architecture throughout the building. -...
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Listing Agency: M.S. Fox Real Estate
Listed By: Anthony Falcone · License #PA RS180794L
Source: Moodyscre
Added: Feb 2, 2023 Changed: Aug 8 Last Checked: Aug 12 at 12:02PM

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 M.S. Fox Real Estate

Investment Insights

Based on property information with market context.

This mixed-use office building features historic architecture throughout. The dramatic lobby includes 24-foot ceilings and molded Corinthian columns. Situated in the heart of Old City, it occupies the corner of 2nd and Chestnut Street, offering close proximity to Penns Landing and Old City's historic attractions. The property offers 10,000 square feet of space.

Key Highlights

  • Historic architecture throughout the building.
  • Mixed‑use office building.
  • Dramatic lobby with 24' ceilings and molded Corinthian Columns.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Tanning Salon 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,372
Businesses Nearby

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Mixed-use office building with historic architecture in a prime location.
Where is this office building located?
The property is located at 123-129 Chestnut St Philadelphia, PA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Historic architecture throughout the building.; Mixed‑use office building.; Dramatic lobby with 24' ceilings and molded Corinthian Columns.
(215) 568-8000 Call to check price and availability
More about this property
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