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Retail Space with Elevator System
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718 Chestnut St, Philadelphia, PA 19106

Retail space in CMX5 zoning, fully sprinklered with a fire alarm system and elevator service.

Property Size9,555 SF
Days on Market241

Property Features for 718 Chestnut St

General Information

Standard status Active
Size 9,555 SF
Property subtype RETAIL
Zoning CMX5

Additional Details

Frontage 23 ft
Sprinkler System Yes

Amenities

Fire Alarm System
Elevator System
Listing Agency: Binswanger - Corporate
Listed By: Nick Giganti
Source: Moodyscre
Added: Dec 2, 2025 Changed: Jul 31 Last Checked: Jul 31 at 12:54AM

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 Binswanger - Corporate

Investment Insights

Based on property information with market context.

Retail space at 718 Chestnut St offering 9,555 SF with approximately 23’ of frontage to Chestnut Street. The property includes a fire alarm system, a fully sprinklered interior, and an elevator system.

Zoned CMX5, the asset is positioned in Center City Core Commercial Mixed-Use per the City of Philadelphia zoning framework. Transit access is close, with Chestnut & 7th Street SEPTA bus service about 0.1 miles away, and 8th Street Station SEPTA subway service about 0.2 miles away.

Additional nearby points include Independence Hall (about 0.2 miles), City Hall (about 0.6 miles), and I-676 (about 0.7 miles). Longer regional connectivity includes Philadelphia International Airport at approximately 11.2 miles.

Key Highlights

  • 9,555 SF retail space at 718 Chestnut St
  • Approximately 23’ frontage to Chestnut Street
  • CMX5 – Center City Core Commercial Mixed‑Use zoning

Property Analytics

Current Use

DOCA Philly Home Decor Store Whole Stones Marble ... Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Clothing & Fashion Store Veterinary Clinic Plumbing Service

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
Sprinkler system

Location Intelligence

Trade Area within ½ mile

14,863
Businesses Nearby
86k
Monthly Visits Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in CMX5 zoning, fully sprinklered with a fire alarm system and elevator service.
Where is this retail space located?
The property is located at 718 Chestnut St Philadelphia, PA.
What are key features of this property?
This property features: 9,555 SF retail space at 718 Chestnut St; Approximately 23’ frontage to Chestnut Street; CMX5 – Center City Core Commercial Mixed‑Use zoning
(718) 791-9984 Call to check price and availability
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