Newly Renovated Retail
For Lease
$7,000/Mo
714 CHESTNUT Street, Philadelphia, PA 19106
CommercialLease - PHILADELPHIA, PA
Space SizeContact for details
Property Size1,946 SF
Lot Size0.07 Acres
Days on Market52
Property Features for 714 CHESTNUT Street
General Information
Property type
Other
Property subtype
Retail
Subdivision
WASHINGTON SQ
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.07 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1900
Number of units
7
Building materials
Masonry
Listing Agency:
MAXWELL REALTY COMPANY
(215) 546-6000
Listed By:
Shimon Dahan · License #RS319111
(215) 546-6000
Added: Jun 14
Last Checked: Aug 4 at 6:06PM
MLS# PAPH2636110
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This newly renovated storefront is offered as a turnkey space under a Triple Net (NNN) lease. The building features massive floor-to-ceiling glass frontage and a wide-open retail/commercial layout with new hardwood flooring and soaring 14ft+ ceilings. In addition to the front retail area, the space includes a private newly remodeled office suited for administrative use, management, or inventory. A newly renovated restroom supports day-to-day operations.
Located at 714 Chestnut Street in the Washington Square West/Center City area of Philadelphia, the property is positioned for strong street-level exposure along Chestnut St. The listing describes the corridor as high-traffic and vibrant, making the storefront well-suited for businesses seeking visibility from the sidewalk.
The configuration supports a variety of commercial uses that benefit from a showroom-style presentation and dedicated back-office functionality. With energy-efficient LED lighting and a brand-new HVAC system, the space is designed for comfort and readiness from day one. The combination of modern finishes, prominent glazing at the front, and an internal office room provides a practical setup for retail, boutique showroom concepts, and upscale service-oriented businesses that need both customer-facing and workspace areas.
Located at 714 Chestnut Street in the Washington Square West/Center City area of Philadelphia, the property is positioned for strong street-level exposure along Chestnut St. The listing describes the corridor as high-traffic and vibrant, making the storefront well-suited for businesses seeking visibility from the sidewalk.
The configuration supports a variety of commercial uses that benefit from a showroom-style presentation and dedicated back-office functionality. With energy-efficient LED lighting and a brand-new HVAC system, the space is designed for comfort and readiness from day one. The combination of modern finishes, prominent glazing at the front, and an internal office room provides a practical setup for retail, boutique showroom concepts, and upscale service-oriented businesses that need both customer-facing and workspace areas.
Key Highlights
- Newly renovated 714 Chestnut St storefront with floor‑to‑ceiling glass frontage and street exposure
- Wide‑open retail/commercial layout with new hardwood flooring and 14+ ft ceilings
- Includes private newly remodeled office (15' x 15' / 225 SF)
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
1
Office units
Single-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
14,863
Businesses Nearby
86k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 39%
Dining 27%
Shops & Services 19%
Groceries 15%
Le Pain Quotidien
Dining
15,049 visits/mo
0.2 miles
Philadelphia Marriott Old City
Hotels & Casinos
14,972 visits/mo
0.4 miles
ACME Markets
Groceries
12,615 visits/mo
0.3 miles
Kimpton Hotel Monaco Philadelphia
Hotels & Casinos
10,769 visits/mo
0.1 miles
TD Bank
Shops & Services
6,416 visits/mo
0.5 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
Lease Benchmarks for Philadelphia, PA
$25.82 /SF/Yr
Avg Asking Price
$0.52–$100 /SF/Yr
Price Range
3,971 SF
Avg Space Size
This space is priced 67% above the average of $25.82 /SF/Yr.
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey NNN storefront with floor-to-ceiling glass, new HVAC, and a private remodeled office area in Center City.
Where is this storefront property located?
The property is located at 714 CHESTNUT Street Philadelphia, PA.
What is the lease rate?
The lease rate is $7,000 /Mo.
What are key features of this property?
This property features: Newly renovated 714 Chestnut St storefront with floor‑to‑ceiling glass frontage and street exposure; Wide‑open retail/commercial layout with new hardwood flooring and 14+ ft ceilings; Includes private newly remodeled office (15' x 15' / 225 SF)
