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Property profile & analytics
FOR LEASE
Retail space

1719 Chestnut St Philadelphia, PA 19103

13,340 SF 0.08 ac lot Built 1920
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US73-5772061
Property summary
AI-generated overview

This exceptional Class A commercial property at 1719 Chestnut Street in Philadelphia, Pennsylvania, offers 4,700 square feet of vacant, divisible executive office space. Located in the heart of Philadelphia County, zip code 19103, this multiple-tenancy building boasts a prime location within the vibrant Rittenhouse Square neighborhood. The property is ideally suited for businesses seeking a prestigious address in a high-traffic area known for its upscale shopping, dining, and luxury hotels. The building's strategic placement ensures excellent visibility and accessibility for clients and employees alike. Individual suites range from a minimum of 1,500 square feet to a maximum contiguous space of 3,200 square feet, providing flexibility for businesses of various sizes. The entire 4,700 square feet is currently available, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to establish a presence in this sought-after location. The property's blend of historic charm and modern amenities makes it an attractive option for businesses seeking a sophisticated and convenient workspace in the heart of Philadelphia's most desirable retail and residential district. The picturesque park setting of Rittenhouse Square adds to the property's appeal, attracting affluent clientele and creating a vibrant atmosphere. This is an unparalleled opportunity to secure a prominent location in one of Philadelphia's most prestigious areas.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,340 SF
Lot 0.08 ac (3,335 SF)
Zoning code CMX5
APN 88-2-0315-00
UPID US73-5772061
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
  • L. Priori Jewelry (Bike/Boat/Book/etc) Store
  • Dharam Consulting Consultant
  • Susan Hagen Art Gallery
  • Grace Loves Lace - Philadelphia Bridal Boutique Clothing & Fashion Store
  • Renaissance Home Care Inc Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.22M
Owner & transaction history
F & G Realty LLC · 22 yrs held
F & G Realty LLC
since 2004
3 recorded transactions
2022
Price N/A
2004
$1.6M
1969
Price N/A
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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