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Private Office Suite in Office Building
For Lease
$645/Mo

124 Chestnut St Unit 7, Philadelphia, PA 19106

Private office unit with access to shared conference and reception areas within an office building.

Space SizeContact for details
Days on Market98

Property Features for 124 Chestnut St Unit 7

General Information

Standard status Active

Site & Location

Neighborhood Center City
Highway Access Yes

Additional Details

Lease Term 12 months
Office Units 18

Amenities

conference room
reception area

Building Details

Year Built 1900
Listing Agency: BMB Living, Inc.
Listed By: Marvis Burns · License #RS323408
Source: Kandorre
Added: Jul 20 Changed: Oct 14 Last Checked: Oct 24 at 10:47PM

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 BMB Living, Inc.

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Investment Insights

Based on property information with market context.

The Chestnut Offices offer a professional, quiet work environment with 18 small private offices, plus a shared conference room and a reception area for client welcoming. Lease terms are available for 12 months.

The suite is located at 124 Chestnut Street in Philadelphia, near dining and nightlife options. The building is one block from the subway at 2nd and Market and provides easy access to I-95 and the Ben Franklin Bridge.

Unit 7 is described as an approximately 200-square-foot private office.

Key Highlights

  • 1900‑built office building offering 18 small private offices
  • Each private office is approximately 200 SF
  • Shared amenities include a reception area and conference room

Property Analytics

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

Current Use

Integrative Body Therapy ... Alternative Medicine Practice The Chestnut Offices Coworking & Hybrid Office MA Selections Brewery & Distillery Neumann Paige Inc Marketing & Advertising Mental Health Consultations, ... Marriage Or Relationship Counselor

Suggested Use

Top Pick Plumbing Service Tanning Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Butcher

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

18
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,993
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$21.65 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
11,093 SF
Avg Space Size

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Private office unit with access to shared conference and reception areas within an office building.
Where is this office unit located?
The property is located at 124 Chestnut St Unit 7 Philadelphia, PA.
What is the lease rate?
The lease rate is $645/Mo.
What are key features of this property?
This property features: 1900‑built office building offering 18 small private offices; Each private office is approximately 200 SF; Shared amenities include a reception area and conference room
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