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Coworking Space with Private Offices
For Lease
$645/Mo per office

7-124 Chestnut St, Philadelphia, PA 19106

Quiet professional setting with a communal meeting room and client reception area.

Space Size200 SF
Days on Market80

Property Features for 7-124 Chestnut St

General Information

Standard status Active
Size 200 SF
Net Rentable 200 SF

Space & Availability

Available Space 200 SF
Contiguous Space 200 SF
Space Use Private Office
Private Offices 18
Meeting Rooms 1

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Lease Term 12 months

Amenities

shared conference room
reception area
Listing Agency: BMB Living, Inc.
Listed By: Marvis Burns · License #RS323408
Source: Exprealty
Added: Jun 11 Changed: Aug 21 Last Checked: Aug 26 at 10:38AM

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.

Investment Insights

Based on property information with market context.

The Chestnut Offices provide a coworking environment with 18 private offices, a shared conference room, and a reception area for visitors. Each office measures approximately 200 square feet, and lease terms are structured for 12 months. Tenant selection considers anticipated foot traffic to support a quiet atmosphere, with security companies and street marketing teams excluded.

The property is near restaurants and bars and sits one block from the subway station at 2nd and Market. I-95 and the Ben Franklin Bridge provide additional regional access. The setting is suited to professional users seeking individual workspace alongside shared client-facing areas.

Key Highlights

  • 18 private offices, each approximately 200 square feet
  • Shared conference room and reception area for visitors
  • 12‑month lease terms

Property Analytics

Current Use

Coworking space

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

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

Market

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
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Frequently Asked Questions

What type of property is this?
Coworking space - Quiet professional setting with a communal meeting room and client reception area.
Where is this coworking space located?
The property is located at 7-124 Chestnut St Philadelphia, PA.
What is the lease rate?
The lease rate is $645/Mo per office.
What are key features of this property?
This property features: 18 private offices, each approximately 200 square feet; Shared conference room and reception area for visitors; 12‑month lease terms
More about this property
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