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Mixed-Use Building with Restaurant
For Sale
Contact for pricing
Pending

2028 Chestnut Street, Philadelphia, PA 19103

Six-unit property combines a street-level restaurant with five residential apartments and basement space.

Property SizeContact for details
Days on Market146

Property Features for 2028 Chestnut Street

General Information

Standard status Pending
Property subtype Retail, Multifamily
Listing Agency: Keller Williams Realty - Cherry Hill
Listed By: Andrew Cheng · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 7:35AM

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 Keller Williams Realty - Cherry Hill

Investment Insights

Based on property information with market context.

This mixed-use building contains six units, with a street-level Thai restaurant occupying the first floor. The restaurant includes more than 30 seats, a fully equipped kitchen, and use of the full basement. The building has an all-brick front and separate utilities for tenants, with water excluded from that arrangement.

The residential component includes five apartments across the upper floors. The second floor has one two-bedroom, one-bath unit and one one-bedroom, one-bath unit. The third floor follows the same layout, while the rear fourth floor contains a one-bedroom, one-bath apartment. The property is designated CMX 4 and is situated in Center City near transportation, museums, restaurants, and entertainment.

Key Highlights

  • Six‑unit mixed‑use building with five apartments and a street‑level restaurant
  • First‑floor Thai restaurant has more than 30 seats and a fully equipped kitchen
  • Full basement available for restaurant use

Property Analytics

Current Use

Psychichelen.com Spiritual Center JJ Thai Cuisine Restaurant Psychic Intuitive 101 Spiritual Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Electrical Service Butcher Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16,107
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-unit property combines a street-level restaurant with five residential apartments and basement space.
Where is this mixed-use property located?
The property is located at 2028 Chestnut Street Philadelphia, PA.
What are key features of this property?
This property features: Six‑unit mixed‑use building with five apartments and a street‑level restaurant; First‑floor Thai restaurant has more than 30 seats and a fully equipped kitchen; Full basement available for restaurant use
(267) 506-7100 Call to check price and availability
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