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Second-Floor Office Suite
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127 E CHESTNUT STREET, West Chester, PA 19380

The suite combines private work areas with access to shared meeting space and courtyard amenities.

Property Size6,840 SF
Price / SF$0.15
Days on Market4

Property Features for 127 E CHESTNUT STREET

General Information

Standard status Active
Size 6,840 SF
Property subtype Commercial

Additional Details

Floor 2
Utilities to Site Yes
Property Use Office

Amenities

shared conference room
restroom and kitchen area
private side yards/courtyard areas
common area conference room
powder rooms on each floor
second story deck

Building Details

Year Built 1850
Buildings 1
Listing Agency: Swayne Real Estate Group, LLC
Listed By: Ashley B Swayne · License #RB067753
Source: Cummingsrealtors
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 5:53PM

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 Swayne Real Estate Group, LLC

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Investment Insights

Based on property information with market context.

Set on the second floor of The Exchange Building at 127 E Chestnut Street, this office suite offers 800–1,000 SF arranged as 2–3 separate offices. Custom millwork, southern exposure, and historic architectural details distinguish the interior. A restroom and kitchen area serve the suite, while building systems include newer electric, plumbing, and HVAC.

Shared facilities include an interior conference room, private courtyard areas, and a second-story deck. The building is one block from the YMCA and two blocks from the town center. Parking options include an available on-site space, street parking, and two garages within a block. Heat, central A/C, electric, and water/sewer are included; the tenant provides phone and internet service.

Key Highlights

  • 800–1,000 SF suite with 2–3 separate offices
  • Second‑floor office in The Exchange Building, 127 E Chestnut Street, West Chester, PA 19380
  • Custom millwork, southern exposure, and historic architectural details

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,536
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,720 $2.2M
Cap Rate 7%
$1,536,229 $1.5M
Cap Rate 9%
$1,194,844 $1.2M
Market Conditions
NOI Build-Up for 6,840 SF
Gross rent
$178.1K $26.04/SF
− Vacancy
−$34.7K −$5.08/SF
EGI
$143.4K $20.96/SF
− OpEx
−$35.8K −$5.24/SF
NOI
$107.5K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,150,720
Cap Rate 7%
$1,536,229
Cap Rate 9%
$1,194,844

Alternative Uses

Best Use
Office B
$1.54M
$1.34M – $1.79M (±1% cap)
NOI $107,536 @ 7.0% cap · market cap 10,753.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $145,167 @ 7.0% cap · market cap 14,516.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

DCM Office Construction Company Unite for HER Charitable Organization Chester County Young ... Child Welfare Organization Decorating Den Interiors ... Interior Design Dan Marovich, Swayne ... Real Estate Agency

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Supermarket Furniture & Home Goods Cosmetic Store Restaurant

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,018
Businesses Nearby

Demographics for 19380, PA

50,692
Population
21,490
Households
2.4
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,662
Density / Sq Mi
$122,876
Median Household Income
$69,599
Median Earnings
$1,820
Median Rent
$530,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite combines private work areas with access to shared meeting space and courtyard amenities.
Where is this office unit located?
The property is located at 127 E CHESTNUT STREET West Chester, PA.
What are key features of this property?
This property features: 800–1,000 SF suite with 2–3 separate offices; Second‑floor office in The Exchange Building, 127 E Chestnut Street, West Chester, PA 19380; Custom millwork, southern exposure, and historic architectural details
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