Conjoining Retail
For Sale
Contact for pricing
703 Chestnut St, Philadelphia, PA 19106
Two conjoining vacant retail properties offer flexible CMX-5 zoning for a variety of uses.
Property Size5,906 SF
Lot Size0.09 Acres
Days on Market121
Property Features for 703 Chestnut St
General Information
Standard status
Active
Size
5,906 SF
Lot size
0.09 Acres
Property subtype
Mixed Use, Retail, Multifamily, Office
Zoning
CMX-5
Listing Agency:
Scope Investment Real Estate Services
Listed By:
Phil Sharrow · License #PA RSR002048
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:58AM
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 Scope Investment Real Estate Services
Investment Insights
Based on property information with market context.
SCOPE Commercial Real Estate Services, LLC (“SCOPE”) presents the fee-simple interest in 703 & 705 Chestnut Street, Philadelphia, PA. The offering includes two conjoining vacant retail properties with a combined 5,906 square feet set on a 3,774-square-foot lot. The properties are located in a commercial corridor and feature flexible CMX-5 zoning designed to accommodate a variety of uses. Past uses for the retail space were restaurants.
The property is positioned in Center City East, one block west of Independence Hall and the Liberty Bell, one block north of Washington Square and Jewelers Row, and two blocks east of Thomas Jefferson University Hospital. The surrounding area includes prominent restaurants and retailers, and the neighborhood is described as having a high walk score with frequent foot traffic tied to residential, tourism, office, medical, and retail activity.
As a combined, conjoining retail configuration, 703 and 705 Chestnut Street can be marketed as a unified storefront opportunity under CMX-5 zoning in a dense Center City commercial environment.
The property is positioned in Center City East, one block west of Independence Hall and the Liberty Bell, one block north of Washington Square and Jewelers Row, and two blocks east of Thomas Jefferson University Hospital. The surrounding area includes prominent restaurants and retailers, and the neighborhood is described as having a high walk score with frequent foot traffic tied to residential, tourism, office, medical, and retail activity.
As a combined, conjoining retail configuration, 703 and 705 Chestnut Street can be marketed as a unified storefront opportunity under CMX-5 zoning in a dense Center City commercial environment.
Key Highlights
- Fee‑simple interest in 703 & 705 Chestnut Street: two conjoining vacant retail properties with 5,906 SF total
- Located on a 3,774‑SF lot in Philadelphia’s Center City East commercial corridor
- Flexible CMX‑5 zoning accommodates a variety of uses; past uses for the retail space were restaurants
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17,142
Businesses Nearby
91k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 48%
Dining 25%
Groceries 14%
Shops & Services 13%
Four Points by Sheraton Philadelphia City Center Hotel
Hotels & Casinos
15,625 visits/mo
0.5 miles
Le Pain Quotidien
Dining
15,049 visits/mo
0.2 miles
ACME Markets
Groceries
12,615 visits/mo
0.5 miles
Kimpton Hotel Monaco Philadelphia
Hotels & Casinos
10,769 visits/mo
0.2 miles
Sleep Inn
Hotels & Casinos
6,857 visits/mo
0.3 miles
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
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Holland & Stokes — 620 S 6th St, Philadelphia, PA 19147
- Ode À La Rose — 622 S 5th St, Philadelphia, PA 19147
- Underground Florals Not a walk-in bouquet florist. Custom orders only, allow a minimum of two days. — 618 Bainbridge St, Philadelphia, PA 19147
- Cactaceae — 622 pemberton st, philadelphia, pa 19147
- Cedrone's Flowers — 800 Lombard St, Philadelphia, PA 19147
Frequently Asked Questions
What type of property is this?
Storefront property - Two conjoining vacant retail properties offer flexible CMX-5 zoning for a variety of uses.
Where is this storefront property located?
The property is located at 703 Chestnut St Philadelphia, PA.
What are key features of this property?
This property features: Fee‑simple interest in 703 & 705 Chestnut Street: two conjoining vacant retail properties with 5,906 SF total; Located on a 3,774‑SF lot in Philadelphia’s Center City East commercial corridor; Flexible CMX‑5 zoning accommodates a variety of uses; past uses for the retail space were restaurants
