1225 Chestnut StPhiladelphia, PA 19107

Property Details for 1225 Chestnut St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 AC

Property size (Sq ft)

11,890 SF

Zone code

CMX5

Property type

Retail properties

Property subtype

Retail space

APN

88-2-4970-00

APU

882497000

Description

This exceptional commercial property, located at 1225-27 Chestnut Street in Philadelphia, Pennsylvania's vibrant Midtown Village (zip code 19107), offers a rare opportunity for a discerning tenant. The building, constructed in 1900, boasts a total of 11,890 square feet, with a significant 6,000 square feet of ground floor space currently available for lease. Ideal for a retail establishment or restaurant, this single-tenancy space presents a blank canvas for a creative vision. The property's prime location within Midtown Village ensures high foot traffic and visibility, making it an attractive proposition for businesses seeking a strong presence in a bustling urban environment. The address is 1225 Chestnut Street. The property's coordinates are latitude 39.95051404 and longitude -75.16121728. This is a chance to establish a business in a historically significant and highly desirable area of Philadelphia. The available space is ready for immediate occupancy, offering a unique blend of character and modern potential. Don't miss this chance to secure a prominent location in one of Philadelphia's most sought-after neighborhoods. Contact us today to learn more about leasing this exceptional space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,630,613

  6.5%

  $5,197,489

  7%

  $4,826,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,914,940

  Geo Method

  $3,914,940

• Alternative Use

  Use

  Valuation

  Residential

  $4,384,276

  Hospitality

  $4,015,974

  Educational

  $3,341,243

  Medical

  $3,456,153

  Retail

  $5,197,489

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9508

Longitude

-75.1611

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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