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High-Ceiling Storefront
New
For Sale
$11,057,383

1628-36 Chestnut St, Philadelphia, PA 19103

Rally House occupies the retail premises along a busy Center City corridor with nearby subway and regional rail service.

Property Size15,600 SF
Price / SF$708.81
Days on Market2

Property Features for 1628-36 Chestnut St

General Information

Standard status Active
Size 15,600 SF
Property subtype Urban-High Street
Lease Type NN

Site & Location

Neighborhood Center City
Frontage 72 ft
Corner Location Yes

Amenities

New Long Term Lease
Top 10 Fastest Growing Retail Brands in The U.S.
Prime Center City Retail Condo

Building Details

Building Size 15,600 SF
Tenancy Single
Listed By: Timothy B. Stephenson Jr · License #License(s) PA: RMR006104
Source: Marcusmillichap
Added: Oct 23 Last Checked: Oct 23 at 6:12PM

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 Timothy B. Stephenson Jr

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Investment Insights

Based on property information with market context.

This Chestnut Street storefront has high interior ceilings and is occupied by Rally House, a retail brand specializing in licensed sports apparel. The building previously served as the headquarters of Provident Bank Trust and later housed Rite Aid for more than two decades. Its street frontage and open retail format support a prominent presence in the Center City commercial district.

The property is at 17th and Chestnut Streets, amid national retailers, restaurants, offices, residences, and hotels. Nearby destinations include Rittenhouse Square, Philadelphia City Hall, the Center City office district, and the Theater District. Multiple subway and Regional Rail stations are within three blocks, with bus service also available nearby. The corridor’s pedestrian counts approach 30,000 per day, according to recent studies cited in the property information.

The surrounding university enrollment totals more than 91,000 across the University of Pennsylvania, Drexel University, Temple University, and Thomas Jefferson University. Philadelphia’s professional sports teams include the Eagles, Phillies, 76ers, Flyers, and Union.

Key Highlights

  • 72 feet of frontage along Chestnut Street
  • High interior ceilings; building formerly served as Provident Bank Trust headquarters
  • Subway and Regional Rail stations within three blocks

Property Analytics

Current Use

Coinhub Bitcoin ATM ... Atm Rite Aid Pharmacy Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store Western Union Bank TD Bank ATM Atm

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher Electrical Service Veterinary Clinic

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

26,467
Businesses Nearby
311k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Hotels & Casinos 26% Apparel 22% Shops & Services 11%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.1 miles
Starbucks Dining
22,463 visits/mo 0.2 miles
UNIQLO Apparel
20,066 visits/mo 0.1 miles
The Logan Philadelphia, Curio Collection By Hilton Hotels & Casinos
19,294 visits/mo 0.5 miles
Starbucks Dining
16,511 visits/mo 0.3 miles

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?
Storefront property - Rally House occupies the retail premises along a busy Center City corridor with nearby subway and regional rail service.
Where is this storefront property located?
The property is located at 1628-36 Chestnut St Philadelphia, PA.
What is the asking price?
The asking price for this property is $11,057,383.
What are key features of this property?
This property features: 72 feet of frontage along Chestnut Street; High interior ceilings; building formerly served as Provident Bank Trust headquarters; Subway and Regional Rail stations within three blocks
More about this property
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