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    2930 Chestnut St Philadelphia, PA 19104

    For Lease
    Contact for pricing

    4,547 SF Restaurant, Move-In Ready

    Lot size:
    4,547 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4,547-square-foot restaurant space is located at 2930 Chestnut Street in Philadelphia, Pennsylvania, within Philadelphia County, zip code 19104. The property is a single-tenant retail space, ideal for a variety of culinary concepts. Its convenient location offers high visibility and accessibility, making it an attractive opportunity for established or emerging restaurant businesses. The entire space is currently vacant, providing immediate occupancy for a new tenant. The building's total square footage mirrors the available space, ensuring complete control and customization for the incoming operator. This presents a unique chance to establish a flagship location in a vibrant and densely populated area of Philadelphia. The address, 2930 Chestnut Street, is easily accessible for both customers and staff, with ample opportunities for foot traffic and convenient parking options nearby. The property's location within Philadelphia County offers access to a diverse and affluent customer base. This turnkey restaurant space is ready for immediate development and operation, eliminating the need for extensive renovations or build-outs. The property is classified as a retail space, specifically designated for restaurant use. This presents a rare opportunity to secure a significant footprint in a desirable Philadelphia neighborhood. The latitude and longitude coordinates are 39.9531102 and -75.1832509 respectively.

    Property Features for 2930 Chestnut St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,547 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,547 SF

    HighLights

    • 4,547 SF restaurant space for lease at 2930 Chestnut St, Philadelphia, PA 19104.
    • Prime restaurant/retail space with outdoor patio.
    • Adjacent to University City Campus and Schuylkill Yards development.
    • Steps from 30th Street Station, the nation's 3rd busiest train station; 9,370 households within 0.5 miles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maison Sweet Cafe Reggie Restaurant Lunch Restaurant Evo at Cira Centre ... Apartment Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1832509
    Latitude
    39.9531102

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    FAQs

    What type of property is this?
    Restaurant - 4,547 SF Restaurant, Move-In Ready
    Where is this restaurant located?
    The property is located at 2930 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: 4,547 SF restaurant space for lease at 2930 Chestnut St, Philadelphia, PA 19104.; Prime restaurant/retail space with outdoor patio.; Adjacent to University City Campus and Schuylkill Yards development.
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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
    2930 Chestnut St Philadelphia, PA 19104
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