1600 Chestnut St Philadelphia, PA 19103
Property profile & analytics
1600 Chestnut St Philadelphia, PA 19103
- Apartment buildings
- 37,410 SF
- 0.14 lot acres
Property ID
US73-1646383
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 1600 Chestnut / Apartment Building
- Arrow Gift Shop / Cafe & Coffee Shop
Property Details for 1600 Chestnut St
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Property size
- 37,410 SF
- Zone code
- CMX5
- Property type
- Apartment buildings
- APN
- 88-1-0310-11
- APU
- 881031011
Description
This exceptional 3,642 square foot retail space is ideally situated at 1600 Chestnut Street in Philadelphia, Pennsylvania, within Philadelphia County. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a discerning business owner. The entire space is currently vacant, providing immediate access for lease commencement. The building's total square footage mirrors the available leasable area, ensuring complete control and flexibility for the tenant. Located in the vibrant 19103 zip code, this property benefits from high visibility and foot traffic, making it an attractive location for a variety of retail ventures. The address, 1600 Chestnut Street, is easily accessible and well-positioned within the city's bustling commercial district. This property presents a rare chance to establish a prominent retail presence in a prime Philadelphia location. The property type is classified as retail commercial, offering a versatile space adaptable to a wide range of businesses. The single-tenant occupancy ensures a focused and controlled environment. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. This is a unique opportunity to secure a significant retail footprint in a highly desirable Philadelphia location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Detailed lease terms are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,805,000
- 6.5%
- $9,055,000
- 7%
- $8,405,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,963,000
Market price range: $3.71M - $5.96M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1674
- Latitude
- 39.951
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$187,213
$2,006,145
$11,368,155
$13,374,300
-
$2,006,145
$11,368,155
$13,374,300
