1206 Chestnut St Philadelphia, PA 19107

Listing agency Live Love Artemis

Listed by Raffaellina Merlino · License #PA

Source Crexi

Added: Apr 11 Updated: Jul 22 at 3:51PM Checked: Jul 22 at 3:51PM

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Investment Insights

Based on property information with market context.

This turn-key four-story CMX-5 office building is presented with utilities fully functioning and intact. The property is currently maximized with 100% occupied area. It was previously occupied by the Philadelphia Federal Credit Union, with the first floor operating as a retail banking lobby and the upper floors used for corporate office space.

Located on Chestnut Street in Center City Philadelphia, the building offers 24 feet of frontage and is surrounded by commercial, residential, and mixed-use development. The listing notes proximity within walking distance to restaurants, gyms, hospitals, shopping, City Hall, and the Center City business district. The building has been described as allowing for underground parking under CMX-5. Adjacent retail development, The Shops at Liberty Place, is being constructed and is expected to increase activity in the immediate area.

Key Highlights

• Four‑story CMX‑5 building with over 13,000 sq ft in Center City Philadelphia
• 24 ft of frontage on Chestnut Street
• Fully functioning, intact utilities; maximum occupied area is 100%

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FAQs

What type of property is this?

Office building - Four-story CMX-5 building with fully functioning utilities and a first-floor retail banking lobby.

Where is this office building located?

The property is located at 1206 Chestnut St Philadelphia, PA.

What are key features of this property?

This property features: Four‑story CMX‑5 building with over 13,000 sq ft in Center City Philadelphia; 24 ft of frontage on Chestnut Street; Fully functioning, intact utilities; maximum occupied area is 100%