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    2950 Kensington Ave, Unit 1 Philadelphia, PA 19134

    For Lease
    $1,700 /Mo ($15 SF/Yr)

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.03 Acres
    Days on Market:
    189
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 2950 Kensington Ave

    General Information

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

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Number of units
    3
    Building materials
    Masonry

    HomeStarr Realty (215) 355-5565 [email protected]

    Listing agent Aldo Torres (267) 575-1325

    Listing date Jun 2, 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

    Renovated Commercial Space with Yard

    Newly renovated commercial space is available, featuring a versatile layout with a first floor and finished basement. The bright and clean unit includes a half bath on the first floor and a full bath in the basement. The property also includes a private, fenced rear yard, suitable for additional storage or outdoor use. Located in Philadelphia, PA 19134, this space is ideal for retail, office, or service-based businesses. The lot size is 0.03 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.11894
    Latitude
    39.99367

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    FAQs

    What type of property is this?
    Retail space - Move-in ready commercial space with modern updates and private yard.
    Where is this retail space located?
    The property is located at 2950 Kensington Ave, Unit 1 Philadelphia, PA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated commercial space, move-in ready.; - Versatile layout with first floor and finished basement.; - Includes half bath on first floor and full bath in basement.
    (267) 575-1325
    Request Owner's contact information
    2950 Kensington Ave, Unit 1 Philadelphia, PA 19134
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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
    2950 Kensington Ave, Unit 1 Philadelphia, PA 19134
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