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    3945 Chestnut St Philadelphia, PA 19104

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    For Lease
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    Philadelphia CBD, 9,677 SF, Two Suites Available

    Lot size:
    9,677 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 3945 Chestnut Street in Philadelphia's vibrant Central Business District. The property, built in 2007, offers a total of 9,677 square feet across two levels, currently entirely vacant and ready for immediate occupancy. The space is ideally suited for multiple restaurant or retail tenants, offering flexibility in configuration. Two suites are available, with a minimum divisible space of 3,441 square feet and a maximum contiguous space of 6,236 square feet. This allows for a variety of tenant combinations, from a single large occupant to multiple smaller businesses. The property's location on Chestnut Street provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to numerous businesses and residential areas. Parking is available via street parking. The property's commercial zoning in Philadelphia County makes it suitable for a wide range of uses. This is a rare chance to secure a prominent retail space in one of Philadelphia's most desirable locations. The property's size and layout offer significant potential for a variety of businesses seeking a high-profile presence in the heart of the city. The completely vacant space allows for complete customization to suit the needs of the future tenant(s). Contact us today to learn more about this exciting opportunity.

    Property Features for 3945 Chestnut St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,677 SF

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    3,441 SF
    Space
    Second Floor
    Size
    6,236 SF

    HighLights

    • Ground and second floor retail space in The Hub, a nine‑story apartment building at 40th & Chestnut Streets.
    • Excellent location near UPenn, Drexel, and University of the Sciences.
    • Convenient walk to Penn Presbyterian, HUP, and CHOP.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jna Capital Inc Mortgage Lender The HUB on Chestnut Apartment Building Livy's Plant Based ... Restaurant Jean Madeline Aveda ... Spa Symbiotica Software Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.20213679
    Latitude
    39.95567073

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    FAQs

    What type of property is this?
    Restaurant - Philadelphia CBD, 9,677 SF, Two Suites Available
    Where is this restaurant located?
    The property is located at 3945 Chestnut St Philadelphia, PA.
    What are key features of this property?
    This property features: Ground and second floor retail space in The Hub, a nine-story apartment building at 40th & Chestnut Streets.; Excellent location near UPenn, Drexel, and University of the Sciences.; Convenient walk to Penn Presbyterian, HUP, and CHOP.
    Request Owner's contact information
    3945 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
    3945 Chestnut St Philadelphia, PA 19104
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