2930 Chestnut St Philadelphia, PA 19104
- Commercial land
- 197,101 SF
- 2.53 lot acres
Current Use by Public Records
- Maison Sweet / Cafe & Coffee Shop
- Reggie Restaurant / Restaurant
- Evo at Cira Centre South / Real Estate Agency
Property Details for 2930 Chestnut St
- Lot size
- 2.53 lot acres
- Property size
- 197,101 SF
- Zone code
- CMX5
- Property type
- Commercial land
- APN
- 78-3-0946-01
- APU
- 783094601
Description
This exceptional 4,547-square-foot restaurant space is located at 2930 Chestnut Street in Philadelphia, Pennsylvania, within Philadelphia County, zip code 19104. The property is a single-tenant retail space, ideal for a variety of culinary concepts. Its convenient location offers high visibility and accessibility, making it an attractive opportunity for established or emerging restaurant businesses. The entire space is currently vacant, providing immediate occupancy for a new tenant. The building's total square footage mirrors the available space, ensuring complete control and customization for the incoming operator. This presents a unique chance to establish a flagship location in a vibrant and densely populated area of Philadelphia. The address, 2930 Chestnut Street, is easily accessible for both customers and staff, with ample opportunities for foot traffic and convenient parking options nearby. The property's location within Philadelphia County offers access to a diverse and affluent customer base. This turnkey restaurant space is ready for immediate development and operation, eliminating the need for extensive renovations or build-outs. The property is classified as a retail space, specifically designated for restaurant use. This presents a rare opportunity to secure a significant footprint in a desirable Philadelphia neighborhood. The latitude and longitude coordinates are 39.9531102 and -75.1832509 respectively.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $22,520,000
- AI Estimate
- $18,752,000
Market price range: $7.92M - $35.5MMarket price range: $11.9M - $26.6M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $22,520,000 Current use
- AUTO REPAIR, GARAGE
- $31,090,000 Change: +38% Conversion: Difficult
- WAREHOUSE, STORAGE
- $25,385,000 Change: +13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1832
- Latitude
- 39.9531
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA