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    1804 Chestnut St Philadelphia, PA 19103

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    For Lease
    $4,000 /Mo ($24 SF/Yr)

    2,000 SF multi-floor retail space near Rittenhouse Square.

    Property size:
    2,000 SF
    Lot size:
    0.02 Acres

    Property Features for 1804 Chestnut St

    General Information

    Size
    2,000 SF
    Lot size
    0.02 Acres

    Source: MPN Realty, Inc. Agent Joe Scarpone

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

    Overview

    Multi-Floor Retail Space Near Rittenhouse

    This multi-floor space, totaling approximately 2,000 square feet, is located on the upper levels of the building. Formerly a salon, the space extends over the second and third floors, with a fourth-floor office and employee break room. The property is zoned CMX-5 and is situated on a high-traffic block near Rittenhouse Square, with convenient access to the Market Street business district. Several high-density residential development projects have been recently completed or are currently under construction in the vicinity. Ideal uses for the space include a salon, barbershop, day spa, light fitness center, or boutique office. The surrounding neighborhood is located in Center City and features high-end luxury apartments, fine dining options, and luxury shopping destinations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Playa Bowls Health Food Restaurant The Makeup Academy - Philadelphia ... Beauty School BLO/OUT Blow Dry ... Hair Salon Scan Design Interior Architect Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17064
    Latitude
    39.951523

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    FAQs

    What type of property is this?
    Retail space - 2,000 SF multi-floor retail space near Rittenhouse Square.
    Where is this retail space located?
    The property is located at 1804 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: - Prime location steps from Rittenhouse Square, in Center City's most expensive and exclusive neighborhood.; - High-traffic location close to the Market Street business district and new residential developments.; - Versatile +/-2,000SF multi-floor space suitable for salon, spa, fitness, or boutique office.
    (215) 520-5091
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    1804 Chestnut St Philadelphia, PA 19103
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    Philadelphia, PA 19103
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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
    1804 Chestnut St Philadelphia, PA 19103
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