Building Details

Year built 1850

Building materials Masonry

Listing Agency: Mallin Panchelli Nadel Realty Inc r***@mpnrealty.com Show Phone

Listed By: Alexandra Charen · License #RS351522 Show Phone

Added: Jul 31 Changed: Sep 4 Last Checked: Sep 4 at 11:06PM

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MLS# PAPH2654812

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This masonry retail property offers a two-level layout with approximately 465 +/- SF on the first floor and 300 +/- SF below grade. The upper level features high ceilings, finished hardwood flooring, and broad retail windows, while the lower level provides storage. The storefront has 16' of frontage along Church Street and is covered by a modified gross lease structure.

The property is situated in Old City, an established Philadelphia district known for pedestrian activity, tourism, and historic landmarks. Access to I-95, Columbus Blvd, Penn's Landing, and public transportation adds connectivity for customers and operators. CMX-3 zoning and the property's storefront configuration further define its commercial setting.

Key Highlights

• Bi‑level layout with 465 +/- SF on the first floor and 300 +/- SF on the lower level
• 16' of frontage on Church Street
• High ceilings, finished hardwood floors, and large retail windows

Property Analytics

Property Profile

Current Use

Home Health Aide ... Home Health Care Service Haus of Wood Hair Salon GARRETT OLTHUIS HAIR Hair Salon Good Lashes & Brows Hair Salon Cut It Out ... Hair Salon

Suggested Use

Top Pick Tanning Salon Plumbing Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Modified Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

6,078

Businesses Nearby

53k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 71% Shops & Services 19% Dining 11%

Philadelphia Marriott Old City Hotels & Casinos

14,972 visits/mo 0.3 miles

Kimpton Hotel Monaco Philadelphia Hotels & Casinos

10,769 visits/mo 0.3 miles

Starbucks Dining

5,627 visits/mo 0.1 miles

Renaissance Philadelphia Downtown Hotel Hotels & Casinos

5,199 visits/mo 0.3 miles

Holiday Inn Express Philadelphia Hotels & Casinos

4,463 visits/mo 0.2 miles

Demographics for 19106, PA

15,190

Population

9,913

Households

1.5

Avg Household Size

39

Median Age

80%

College-Educated

96%

High-School Grad

0.9 sq mi

ZIP Area

16,878

Density / Sq Mi

$129,779

Median Household Income

$93,953

Median Earnings

$2,219

Median Rent

$528,700

Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$25.21 /SF/Yr

Avg Asking Price

$3.32–$100 /SF/Yr

Price Range

6,858 SF

Avg Space Size

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019

8.2% 2020

7.8% 2021

6.6% 2022

6.2% 2023

5.5% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - CMX-3 zoning, hardwood floors, display windows, and lower-level storage support a flexible storefront configuration.

Where is this retail space located?

The property is located at 223 CHURCH Street Philadelphia, PA.

What is the lease rate?

The lease rate is $2,250/Mo.

What are key features of this property?

This property features: Bi‑level layout with 465 +/- SF on the first floor and 300 +/- SF on the lower level; 16' of frontage on Church Street; High ceilings, finished hardwood floors, and large retail windows