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Midtown Village Restaurant Space

1224 Chestnut St, Philadelphia, PA 19107

For Lease
Contact for pricing

Restaurant space with a 4,055-square-foot footprint and frontage along two streets.

Space Size4,055 SF
Days on Market102

Property Features for 1224 Chestnut St

General Information

Standard status Active
Size 4,055 SF
Property subtype RETAIL

Site & Location

Neighborhood Center City

Additional Details

Space Use Restaurant

Spaces For Lease

at 1224 Chestnut St
1224 Chestnut St AVAILABLE, Now
Floor 1
Size 4,055 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Iconic Midtown Village restaurant for lease at the nexus of eateries, bars, boutiques, offices, apartments, and hotels - Expansive footprint spanning an entire city block and fronting two major streets
Contact us
Listing Agency: MSC Retail - Philadelphia
Listed By: Jacob Cooper · License PA RS306451
Source: Moodyscre
Added: Aug 3 Changed: Oct 25 Last Checked: Nov 12 at 10:29AM

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 MSC Retail - Philadelphia

Rey
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Investment Insights

Based on property information with market context.

This restaurant space offers 4,055 square feet within an expansive footprint extending across an entire city block. The property fronts two major streets, providing access from more than one street-facing side.

The setting brings together eateries, bars, boutiques, offices, apartments, and hotels in Midtown Village. The available space is offered for lease and is suited to restaurant use.

Key Highlights

  • 4,055‑square‑foot restaurant space
  • Footprint spans an entire city block
  • Fronts two major streets

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sunset Detox Crisis Center Leda's Cocktail Lounge Restaurant Philadelphia Home Furnace ... HVAC Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Pet Grooming Service Veterinary Clinic Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

27,288
Businesses Nearby
298k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Hotels & Casinos 23% Apparel 22% Shops & Services 12%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.1 miles
Starbucks Dining
22,463 visits/mo 0.4 miles
UNIQLO Apparel
20,066 visits/mo 0.3 miles
Starbucks Dining
16,511 visits/mo 0.3 miles
Four Points by Sheraton Philadelphia City Center Hotel Hotels & Casinos
15,625 visits/mo 0.4 miles

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional restaurants in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with a 4,055-square-foot footprint and frontage along two streets.
Where is this conventional restaurant located?
The property is located at 1224 Chestnut St Philadelphia, PA.
What are key features of this property?
This property features: 4,055‑square‑foot restaurant space; Footprint spans an entire city block; Fronts two major streets
(215) 813-3784 Call to check price and availability
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