Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1039 Chestnut St Philadelphia, PA 19107

    For Lease
    Contact for pricing

    Four-story, 5,776 SF retail building in a strong medical hub.

    Property size:
    1,011 SF
    Lot size:
    0.03 Acres

    Property Features for 1039 Chestnut St

    General Information

    Size
    1,011 SF
    Lot size
    0.03 Acres

    Source: Colliers | Philadelphia Agent Larry Steinberg

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

    Overview

    Prime Retail Space Near Jefferson

    This four-story building offers 5,776 square feet of space across four floors and a basement. The ground floor provides 1,109 square feet that can be leased separately. The property is located in a strong medical hub featuring Jefferson, Wills Eye Hospital, Penn Medicine, and Pennsylvania Hospital. It is situated in immediate proximity to Jefferson, City Hall, Fashion District, the Convention Center, Center City theaters, and Midtown restaurants. The location offers access to an affluent residential population with a $151,000 average household income within one mile. The property is zoned CMX-5 for mixed-use. The building is located directly across from Jefferson's Specialty Care Pavilion, a 23-story medical development set to open in 2024.
    Insight Report Location Intelligence

    Current Use by Public Records

    Zaza EXOTIC Tobacco Shop Hurst Corp Outdoor Sports Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.158205
    Latitude
    39.950462

    Nearby Similar for Lease

    • $12,000 /Mo
      44,431 SF

      Germantown Office Space for Lease

      Move-in ready office space in Philadelphia's Germantown neighborhood.
      53-69 E Armat St, Philadelphia, PA 19144
      View Details
    • $50,000
      23,958 SF

      Retail Space on Girard Avenue

      New commercial space in luxury residential project near Philadelphia.
      1000 W Girard Ave, Philadelphia, PA 19123
      View Details
    • $8,000 /Mo
      44,431 SF

      Philadelphia Office Space For Lease

      Versatile office space in Philadelphia, ideal for call center.
      53-69 E Armat St Unit, Philadelphia, PA 19144
      View Details
    • $7,333 /Mo
      28,314 SF

      Prime Philadelphia Retail/Office Space

      Retail and office spaces available along the Delaware River Front.
      3-7 N Columbus Blvd, Philadelphia, PA 19106
      View Details
    • $5,600 /Mo
      2,178 SF

      Pine Street Commercial Space Available

      Renovated commercial space in Washington Square West's Antique Row.
      1108 Pine St, Philadelphia, PA 19107
      View Details
    • $8,000 /Mo
      44,431 SF

      Germantown Commercial Space for Lease

      Spacious first-floor commercial space suitable for diverse professional uses.
      53-69 E Armat St Unit, Philadelphia, PA 19144
      View Details

    FAQs

    What type of property is this?
    Retail space - Four-story, 5,776 SF retail building in a strong medical hub.
    Where is this retail space located?
    The property is located at 1039 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: - Prime location directly across from Jefferson's new $762 million Specialty Care Pavilion; - High-traffic location in a strong medical hub near Jefferson, Wills Eye Hospital, and Penn Medicine; - 5,776 SF building with four floors and a basement
    (215) 925-4600
    Request Owner's contact information
    1039 Chestnut St Philadelphia, PA 19107
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1039 Chestnut St
    Philadelphia, PA 19107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1039 Chestnut St Philadelphia, PA 19107
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.