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    231 N 12Th St, Unit 2ND Philadelphia, PA 19107

    For Lease
    $4,000 /Mo ($27 SF/Yr)

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.04 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 231 N 12Th St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Number of units
    2
    Building materials
    Masonry

    Realty Mark (215) 376-4444 [email protected]

    Listing agent Alex Wong (877) 994-6398 License #RS285296

    Listing date Aug 14, 2025

    Copyright © 2025 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.

    Overview

    Prime Chinatown Commercial Space Available

    Located in the heart of Philadelphia's Chinatown, this commercial property at 231 N 12th Street offers a prime location with high visibility. Situated blocks from City Hall and the Center City District, the property benefits from its proximity to the bustling Chinatown restaurant district and sits directly across from two large commercial parking lots. The two-story building offers over 3,300 square feet per floor, available for lease separately or combined. The space features wide, open layouts suitable for a range of general commercial uses. Previously a dance and yoga studio, the second floor space includes expansive windows, large mirrors, a mix of hardwood and tile flooring, bathroom and shower facilities, and HVAC. The main studio space measures 61'4" x 35', while a private studio space is 30'1" x 19'2". Additional features include a closet (7'3" x 7'11") and two bathrooms (7'3" x 7'4" and 8'1" x 11'4" with shower). Optional basement space is available for storage or expansion. Immediate occupancy is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    M. Cramer & Associates, ... Window Treatment Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Daycare Center Clothing Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.158622
    Latitude
    39.956588

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial property in Philadelphia's Chinatown with versatile space.
    Where is this retail space located?
    The property is located at 231 N 12Th St, Unit 2ND Philadelphia, PA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Philadelphia's Chinatown, offering high visibility and foot traffic.; - Versatile commercial space with over 3,300 square feet per floor, available for individual or combined lease.; - Excellent accessibility with two large commercial parking lots directly across from the property.
    (877) 994-6398
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 N 12Th St, Unit 2ND Philadelphia, PA 19107
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