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Property profile & analytics
OFF-MARKET Estimated value $7,190,000
Apartment buildings

1510 Chestnut St 12 Philadelphia, PA 19102-2718

46,622 SF 0.13 ac lot Built 1920
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US73-2080972
Property summary
AI-generated overview

This exceptional 3,500 square foot retail space is ideally situated at 1510 Chestnut Street in Philadelphia, Pennsylvania's vibrant Rittenhouse Square neighborhood. The property boasts a single-tenant occupancy and is zoned CMX-5, offering significant flexibility for a variety of retail uses. Its location between Sansom and Chestnut Streets places it within a bustling commercial corridor, surrounded by a diverse mix of established businesses and high foot traffic. Nearby prominent tenants include Wendy's, Dunkin', Wells Fargo Bank, Kids Foot Locker, Staples, Five Below, Five Guys, Buffalo Exchange, J.Crew Factory, Wawa, Giovani's Bar & Grill, Kiehl's, DIG, Spread Bagelry, The Vitamin Shoppe, Nordstrom Rack, Barnes & Noble, Western Union, For Eyes, European Wax Center, Del Frisco's Double Eagle Steakhouse, Ocean Prime, Giuseppe & Sons, Ladder 15, Marathon Grill, Philly Pretzel Factory, Harp & Crown, and SoulCycle, ensuring high visibility and accessibility for your business. The property's address is 1510 Chestnut Street, Philadelphia, PA 19102, and its convenient location within Center City provides easy access to public transportation and major thoroughfares. This prime retail space presents a unique opportunity to establish or expand your business in one of Philadelphia's most desirable and high-traffic locations. The property's size and zoning make it suitable for a wide range of retail concepts.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 46,622 SF
Lot 0.13 ac (5,498 SF)
Zoning code CMX5
APN 88-1-0310-75
UPID US73-2080972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kids Foot Locker Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.88M
Blend (final) Blend
$7.19M
Owner & transaction history
1510 Chestnut Partners LP · 15 yrs held
1510 Chestnut Partners LP
since 2011
3 recorded transactions
2011
$4.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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