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Lower-Level Office Units
For Lease
$2,495/Mo

266 23RD Street, Philadelphia, PA 19103

CommercialLease, PHILADELPHIA, PA

Space Size2,092 SF
Days on Market351

Property Features for 266 23RD Street

General Information

Property type Other
Property subtype Office
Parking 4
Parking features Parking Lot, Offsite
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2006
Building materials Brick Front, Concrete
Listing Agency: Addison Real Estate Company Inc
Listed By: Jonathan M Tori · License #RM419819
Added: Oct 8, 2025 Changed: Sep 16 Last Checked: Sep 23 at 3:06AM
MLS# PAPH2546164

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.

Lower-level office units at 266 23RD Street provide approximately 2,092 square feet of open floor area for a flexible workplace layout. The property was built in 2006 and features a brick-front and concrete construction, central air conditioning, and forced-air heating.

The office is located in Philadelphia’s Fitler's Square area, with access to a parking lot and offsite parking options. Up to four off-street parking spaces are available, adding convenience for occupants and visitors.

Key Highlights

  • Approximately 2,092 sq ft of open lower‑level office space
  • Up to four off‑street parking spaces available
  • Central air conditioning and forced‑air heating

Property Analytics

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Current Use

Addison Real Estate Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Electrical Service Butcher Fish Market Farmer's Market

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

NNN (Triple Net)
Lease Type
$2.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,554
Businesses Nearby

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Philadelphia, PA

$21.66 /SF/Yr
Avg Asking Price
$6.31–$72.22 /SF/Yr
Price Range
10,480 SF
Avg Space Size

This space is priced 34% below the average of $21.66 /SF/Yr.

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible open-plan workspace with central air, forced-air heat, and optional off-street parking.
Where is this office units located?
The property is located at 266 23RD Street Philadelphia, PA.
What is the lease rate?
The lease rate is $2,495/Mo.
What are key features of this property?
This property features: Approximately 2,092 sq ft of open lower‑level office space; Up to four off‑street parking spaces available; Central air conditioning and forced‑air heating
More about this property
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