1719 Chestnut St Philadelphia, PA 19103
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.
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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.