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    31 N 3Rd St Philadelphia, PA 19106

    Picture of Retail properties at N 3Rd St 31, Philadelphia, PA
    For Lease
    $8,000 /Mo ($44 SF/Yr)

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.05 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 31 N 3Rd St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Lot size
    0.05 Acres

    Building Details

    Year built
    1900
    Building materials
    Brick

    Keller Williams Real Estate- Blue Bell (215) 646-2900 [email protected]

    Listing agent Sharyn Soliman (215) 646-2900 License #RS330729

    Listing date Jun 30, 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

    Commercial Space in Old City

    This commercial space is located in the heart of Philadelphia's Old City. Currently used as an art showroom, the property requires rehabilitation. The owner is open to making updates based on the tenant's needs and project. The lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frontier Adjusters Inc Insurance Agency Hair Credit Repair ... Corporate Office Old City Flowers Florist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.14518
    Latitude
    39.95112

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    FAQs

    What type of property is this?
    Retail property - Rental opportunity in the heart of Philadelphia's Old City.
    Where is this retail property located?
    The property is located at 31 N 3Rd St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $44 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Old City.; - Endless possibilities for use (currently an art showroom).; - Owner willing to do updates depending on the tenant and project.
    (215) 646-2900
    Request Owner's contact information
    31 N 3Rd St Philadelphia, PA 19106
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    Philadelphia, PA 19106
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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
    31 N 3Rd St Philadelphia, PA 19106
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