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1528 Chestnut St
Philadelphia, PA 19102
1528 Chestnut Street · Retail Property For Sale


Investment Highlights
- Rare building opportunity for sale
- Corner recently re-activated by deals with JD Sports and Wonder
- 16th & Chestnut has the highest pedestrian counts in the city
- ±26,700 SF across 3 floors with flexible layout and strong visibility
Executive Summary
The Rittenhouse shopping corridor is located at the convergence of Philadelphia’s most affluent residential population in Rittenhouse Square and just two blocks south of the Central Business District. This long-established trade area is home to Philadelphia’s top downtown retail brands, including Apple, Tiffany, Anthropologie, rag & bone, Lululemon, and Rolex. In addition to premier shopping, Rittenhouse Row offers dining from several James Beard Award-winning restaurateurs, such as Stephen Starr, Michael Solomonov, and Greg Vernick. With access to multiple modes of transit and a highly active residential population, Rittenhouse Square remains the city’s most desirable dwelling destination.
1528 Chestnut Street offers everything a retailer wants: full building identity, flexible layouts, and immediate occupancy. This is a rare opportunity to secure all three of these features on Chestnut Street’s highest-trafficked retail block. The storefront width, column spacing, and ceiling heights are attractive for a wide range of users. The building layout also provides leasing flexibility, with floor plates that can be subdivided for multiple tenants across different levels.
1528 Chestnut Street offers everything a retailer wants: full building identity, flexible layouts, and immediate occupancy. This is a rare opportunity to secure all three of these features on Chestnut Street’s highest-trafficked retail block. The storefront width, column spacing, and ceiling heights are attractive for a wide range of users. The building layout also provides leasing flexibility, with floor plates that can be subdivided for multiple tenants across different levels.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
26,700 SF
Building Class
B
Year Built/Renovated
1910/2006
Price
$12,663,000 CAD
Price Per SF
$474.27 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.04
Lot Size
0.30 AC
Zoning
CMX-5 - Commercial
Frontage
38’ on Chestnut St
Property Taxes
| Parcel Number | 882037800 | Improvements Assessment | $5,717,140 CAD |
| Land Assessment | $1,429,285 CAD | Total Assessment | $7,146,425 CAD |
Property Taxes
Parcel Number
882037800
Land Assessment
$1,429,285 CAD
Improvements Assessment
$5,717,140 CAD
Total Assessment
$7,146,425 CAD
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