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    3701 Chestnut St Philadelphia, PA 19104

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    22,950 SF Retail, Philadelphia, PA

    Lot size:
    22,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail property, located at 3701 Chestnut Street in Philadelphia, Pennsylvania, presents a unique opportunity for a single-tenant user. Boasting a total of 22,950 square feet, the entire space is currently vacant, offering immediate occupancy. The building, constructed in 2024, is a two-story structure situated on a 1.34-acre lot in the desirable 19104 zip code. Its prime location ensures high visibility, benefiting from outstanding pedestrian and vehicular traffic. The property's urban, anchor retail subtype makes it ideal for a variety of businesses seeking a prominent presence in a bustling Philadelphia neighborhood. The building's modern construction and Class A designation reflect superior quality and design. With its ample square footage and strategic location, this property is perfectly positioned to capitalize on the vibrant commercial activity of the area. The property's APN is 881822460, and it is located in Philadelphia County. This is a rare opportunity to secure a significant retail presence in a highly sought-after Philadelphia location. The property is ready for immediate occupancy.

    Property Features for 3701 Chestnut St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,950 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    22,950 SF

    HighLights

    • 53,000‑person residential neighborhood.
    • High‑traffic location with strong medical, office, lab, and university presence.
    • 409 luxury apartments.
    • 22,950 SF of leasable space with dedicated loading dock.
    • Over 3,500 multi‑family units under construction nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Philadelphia Independent Film Photo Shop The Mason on Chestnut | Outpost ... Property Management Company Mason on Chestnut Apartment Complex Lighthouse theater Theater Company dehkontee artists theatre Performing Arts Theater

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.196931
    Latitude
    39.955379

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    FAQs

    What type of property is this?
    Retail property - 22,950 SF Retail, Philadelphia, PA
    Where is this retail property located?
    The property is located at 3701 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: 53,000-person residential neighborhood.; High-traffic location with strong medical, office, lab, and university presence.; 409 luxury apartments.
    Request Owner's contact information
    3701 Chestnut St Philadelphia, PA 19104
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    Philadelphia, PA 19104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3701 Chestnut St Philadelphia, PA 19104
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