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Property profile & analytics

2101 Chestnut St Ste Philadelphia, PA 19103-3108

  • Office Properties & Spaces
  • 690 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-2676619
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.

Current Use by Public Records

  • Renaissance Properties - 21 & Chestnut / Serviced Apartment
  • We say Chocolatine / Pizza Restaurant
  • River West Condominium / Condominium Complex
  • Star of David Center City / Sandwich Shop
  • Global Voip Communications / Telecommunications Service Provider

Property Details for 2101 Chestnut St Ste

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
690 SF
Zone code
CMX4
Property type
Office Properties & Spaces
APN
88-8-1125-08
APU
888112508

Description

This exceptional 950-square-foot retail space, located in Philadelphia County's desirable Rittenhouse Square submarket, presents a unique investment opportunity. Currently configured as a second-generation restaurant, the property is ideally suited for a variety of uses, including takeout, ghost kitchen, or drop-shop operations. Its adaptable layout also makes it well-suited for smaller retail businesses or office spaces. The property boasts a strong walk score and excellent demographics, ensuring high visibility and foot traffic. The attractive triple-net lease rate further enhances its appeal to prospective tenants. Situated in the heart of Center City, this location offers unparalleled access to a vibrant and affluent community. The single-tenant occupancy provides simplicity and ease of management. This property represents a rare chance to acquire a well-positioned commercial space in one of Philadelphia's most sought-after neighborhoods. Its versatility and prime location make it an exceptional investment for discerning buyers seeking a strong return on investment. The property's adaptability and desirable location combine to create a compelling opportunity for a variety of businesses seeking a presence in this thriving area. The low triple-net rate makes this an especially attractive proposition for cost-conscious entrepreneurs. Don't miss this chance to secure a foothold in the heart of Philadelphia's vibrant Rittenhouse Square.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.1758
Latitude
39.9526
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
$3,369
$24,070
$216,630
$240,700
-
$24,070
$216,630
$240,700
More about this property
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