Office Suite with Private
For Lease
$645/Mo
124 CHESTNUT Street, Philadelphia, PA 19106
CommercialLease - PHILADELPHIA, PA
Days on Market51
Property Features for 124 CHESTNUT Street
General Information
Property type
Other
Property subtype
Office
Middle school
GEN. GEORGE A. MCCALL SCHOOL
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1900
Building materials
Masonry
Listing Agency:
BMB Living, Inc.
(267) 463-2428
Listed By:
Marvis Burns · License #RS323408
(267) 368-7260
Added: Jun 11
Changed: Jun 29
Last Checked: Jul 31 at 4:06AM
MLS# PAPH2633478
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Chestnut Offices at 124 Chestnut Street offers a professional office suite configured with 18 small private offices, along with a shared conference room and a reception area for client arrivals. Lease terms are 12 months, and each private office is approximately 200 square feet.
The building is located at 124 Chestnut Street in Philadelphia, with transit convenience noted as being one block from the subway at 2nd and Market. The listing also highlights easy access to I-95 and the Ben Franklin Bridge, supporting flexible commuting for staff and clients.
This layout is well suited for tenant types such as attorneys, IT professionals, and therapists. The operator specifies a quiet workplace approach and selects tenants based on expected foot traffic. The space does not accept security companies or street marketing teams, which may help maintain a more consistent service-oriented office environment for current and prospective tenants.
The building is located at 124 Chestnut Street in Philadelphia, with transit convenience noted as being one block from the subway at 2nd and Market. The listing also highlights easy access to I-95 and the Ben Franklin Bridge, supporting flexible commuting for staff and clients.
This layout is well suited for tenant types such as attorneys, IT professionals, and therapists. The operator specifies a quiet workplace approach and selects tenants based on expected foot traffic. The space does not accept security companies or street marketing teams, which may help maintain a more consistent service-oriented office environment for current and prospective tenants.
Key Highlights
- Chestnut Offices at 124 Chestnut Street offers 18 small private offices plus a shared conference room and reception area
- Each office is approximately 200 SF
- 12‑month lease terms
Property Analytics
Property Profile
Current Use
Lease Details
18
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,993
Businesses Nearby
Explore this area
Business Placement
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$23.65 /SF/Yr
Avg Asking Price
$0.52–$240 /SF/Yr
Price Range
7,007 SF
Avg Space Size
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Office units - Fully furnished-style private offices plus a shared conference room, available under 12-month lease terms.
Where is this office units located?
The property is located at 124 CHESTNUT Street Philadelphia, PA.
What is the lease rate?
The lease rate is $645 /Mo.
What are key features of this property?
This property features: Chestnut Offices at 124 Chestnut Street offers 18 small private offices plus a shared conference room and reception area; Each office is approximately 200 SF; 12‑month lease terms