325 Chestnut StPhiladelphia, PA 19106

Property Details for 325 Chestnut St

Year built

1956

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

216,749 SF

Zone code

CMX4

Property type

Office properties

Property subtype

Office buildings

APN

88-3-3025-00

APU

883302500

Description

This Class A Philadelphia County office building, renovated in 2019, offers 14,928 square feet of versatile workspace. The property features 350 suites, with a current vacancy of 5,970 square feet, and spaces divisible down to 10 square feet, with a maximum contiguous space of 1,300 square feet. The building caters to diverse business needs, providing executive office suites, coworking areas, and creative office spaces, all within a professional and traditional setting. Amenities include elevators. Multiple tenancy options are available, ranging from private, fully furnished offices tailored to individual company needs (including serviced, custom, disaster recovery, and day offices) to coworking spaces (with dedicated desks or hot-desking), and meeting rooms equipped for presentations, training, or interviews. Virtual office options are also available, including mail handling and virtual assistant services. Flexible working plans provide access to a global network of workspaces. The building offers a benefits program with exclusive discounts and procurement support. Note that images may not represent this specific location. Prices are subject to change based on services selected.

• CAP approach

  CAP return

  Valuation

  6%

  $69,825,424

  6.5%

  $64,454,240

  7%

  $59,850,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,320,424

  Geo Method

  $28,320,424

• Alternative Use

  Use

  Valuation

  Residential

  $79,923,256

  Hospitality

  $73,209,272

  Educational

  $60,909,256

  Medical

  $63,004,020

  Retail

  $94,747,728

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9491

Longitude

-75.1471

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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