1424 Chestnut St Philadelphia, PA 19102

Property Details for 1424 Chestnut St

Year built

1904

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 lot acres

Property size

62,450 SF

Zone code

CMX5

Property type

Investment properties

Property subtype

Retail residential properties

APN

88-3-3244-00

APU

883324400

Description

This exceptional 15,500 square foot retail property is located at 1424 Chestnut Street in Philadelphia, Pennsylvania's vibrant Center City submarket. The single-tenant space boasts a prominent street-to-street presence, with 50 feet of frontage on both Chestnut and Sansom Streets. The building features stunning architectural details, including arched doorways and windows, high ceilings, and beautiful stained glass. The main retail area encompasses approximately 10,000 square feet, complemented by a mezzanine and basement storage totaling an additional 5,500 square feet. Rear access on Sansom Street provides convenient loading and trash disposal. The CMX-5 zoning allows for a variety of retail uses. This location benefits from exceptional visibility and foot traffic, situated directly across from a large extended-stay hotel and a major hotel, and within a block of Broad Street, City Hall, and all major public transportation hubs, including Suburban Station. This is a rare opportunity to acquire a landmark retail space in one of Philadelphia's most desirable locations.

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Longitude

-75.1653

Latitude

39.9506

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments