1525 Chestnut St Philadelphia, PA 19102
For Lease
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This exceptional Class A retail property, located at 1525 Chestnut Street in Philadelphia, Pennsylvania, presents a unique investment opportunity. The building boasts a total of 23,232 square feet across six stories, currently configured as a single, multi-tenant space. A significant 1,455 square feet is immediately available for lease, ideal for a restaurant or similar establishment. The building features a convenient elevator and is situated within the CMX5 zoning district. Its prime location in the heart of Center City's office district offers unparalleled accessibility. Just steps from City Hall, the property benefits from proximity to SEPTA public transportation, numerous high-end shops, boutiques, restaurants, and hotels, ensuring high foot traffic and visibility. This location provides exceptional convenience and exposure for any business seeking a thriving Philadelphia presence. The building's address is 1525 Chestnut Street, Philadelphia, PA 19102, within Philadelphia County. This is a rare chance to secure a prominent retail space in one of Philadelphia's most desirable locations. The available space offers a blank canvas for a discerning tenant to create a thriving business within a well-established and highly sought-after commercial building. The building's size and location make it an ideal opportunity for a variety of restaurant concepts or similar businesses.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMX5 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.