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    1703 Chestnut St Philadelphia, PA 19103

    For Lease
    Contact for pricing

    Prime Philadelphia retail, two spaces available.

    Lot size:
    3,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property at 1703 Chestnut Street in Philadelphia, Pennsylvania, offers two available spaces ideal for a variety of businesses. Located in Philadelphia County, zip code 19103, this multi-tenant building boasts a total of 3,394 square feet. Currently, 1,278 square feet are vacant, comprising two separate units. One unit offers approximately 528 square feet, while the other provides approximately 750 square feet of usable space. The property's street-level location ensures high visibility and accessibility for customers. The address is 1703 Chestnut St, providing excellent exposure in a bustling Philadelphia neighborhood. This is a fantastic opportunity for businesses seeking a prominent location in a vibrant city center. The property is classified as retail and is available for lease. The precise configuration and layout of each unit can be provided upon request. Interested parties are encouraged to inquire further to explore the possibilities this prime Philadelphia retail space offers. The property is situated at latitude 39.9516734 and longitude -75.1690304.

    Property Features for 1703 Chestnut St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,394 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    750 SF
    Space
    Available space 5
    Size
    528 SF

    HighLights

    • Rare small retail spaces available for lease.
    • Facade update planned for Q4 2023.
    • High household incomes in the immediate area.
    • Located at a high‑traffic intersection in Philadelphia.
    • Excellent proximity to residential and office populations.
    Property Profile Location Intelligence

    Current Use by Public Records

    bjvariety Variety Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1690304
    Latitude
    39.9516734

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    FAQs

    What type of property is this?
    Retail property - Prime Philadelphia retail, two spaces available.
    Where is this retail property located?
    The property is located at 1703 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: Rare small retail spaces available for lease.; Facade update planned for Q4 2023.; High household incomes in the immediate area.
    Request Owner's contact information
    1703 Chestnut St Philadelphia, PA 19103
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    Philadelphia, PA 19103
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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
    1703 Chestnut St Philadelphia, PA 19103
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