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Retail Space with Central Air
For Lease
$2,000/Mo

341 SOUTH Street, Philadelphia, PA 19147

CommercialLease, PHILADELPHIA, PA

Space Size700 SF
Lot Size0.02 Acres
Days on Market181

Property Features for 341 SOUTH Street

General Information

Property type Other
Property subtype Retail
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
Lot size 0.02 Acres

Utilities

Heating system Baseboard, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1900
Number of units 3
Building materials Masonry
Listing Agency: National Realty Old City LLC - PA
Listed By: Billy Creagh · License #RM424688
Added: Mar 7 Changed: Sep 3 Last Checked: Sep 4 at 6:06AM
MLS# PAPH2591400

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 retail space occupies a masonry building constructed in 1900 and includes central air conditioning along with electric baseboard heating. The property is positioned on South Street near Jim’s Steaks and the 4th and South Street intersection, placing it among a broad mix of retail and dining businesses.

The surrounding commercial environment includes fashion boutiques, vintage shops, specialty retailers, restaurants, and entertainment venues. South Street draws both local and tourist activity, with a varied customer base and an established pedestrian-oriented setting. The parcel encompasses 0.0172 acres and is located in Philadelphia’s 19147 ZIP code.

Key Highlights

  • Masonry retail space in a building constructed in 1900
  • Central air conditioning and electric baseboard heating
  • Located at 341 South Street in Philadelphia, PA 19147

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$5.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,041
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Dining 19% Hotels & Casinos 16% Shops & Services 8%
Whole Foods Market Groceries
37,607 visits/mo 0.5 miles
Philadelphia Marriott Old City Hotels & Casinos
14,972 visits/mo 0.5 miles
ACME Markets Groceries
12,615 visits/mo 0.2 miles
Kung Fu Tea Dining
7,072 visits/mo 0.5 miles
TD Bank Shops & Services
6,416 visits/mo 0.2 miles

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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

This space is priced 36% above the average of $25.21 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Masonry retail space includes central air, electric baseboard heat, and a South Street setting near established shops and dining.
Where is this retail space located?
The property is located at 341 SOUTH Street Philadelphia, PA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Masonry retail space in a building constructed in 1900; Central air conditioning and electric baseboard heating; Located at 341 South Street in Philadelphia, PA 19147
More about this property
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