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Built-Out Office Space with Basement
For Lease
$25 SF/Yr

3645-47 LANCASTER Avenue, Philadelphia, PA 19104

CommercialLease - PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.10 Acres
Days on Market858

Property Features for 3645-47 LANCASTER Avenue

General Information

Property type Other
Property subtype Retail
Subdivision UNIVERSITY CITY
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 0.10 Acres

Building Details

Year built 1900
Number of units 3
Building materials Masonry
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Veronica Gintel Blum · License #RS290724
Added: Apr 24, 2024 Changed: Jun 17 Last Checked: Aug 29 at 2:06PM
MLS# PAPH2346794

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.

3645-47 Lancaster Ave presents a for-lease suite available as Unit 1, currently built out as office space. The unit includes 1,789 +/- SF plus a 222 +/- SF basement, providing practical supplemental space to support an office operation. The available configuration is suited for professional uses requiring interior build-out.

The property is located at 3645-47 Lancaster Avenue in Philadelphia, PA 19104. The building sits directly behind the UCity development along Market Street, which includes multiple existing and newly constructed buildings with a mix of multi-family, office, and lab space. University City’s planned hotel tower is also referenced within the broader development context, and the location is described as across the Schuylkill River from Center City.

Unit 1 may fit a neighborhood market, light retail, fitness, or medical office concept, based on the uses identified in the offering materials. For tenants or operators looking for a ready office layout with added basement space within a University City area mixed-use environment, this suite offers an established interior configuration with additional room below the main level.

Key Highlights

  • Asking $25 per SF + NNN (3645‑47 Lancaster Ave)
  • Construction materials: masonry; year built: 1900
  • Unit 1 includes 1,789 +/- SF plus a 222 +/- SF basement

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Furniture & Home Goods Auto Parts Store Butcher Florist

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,231
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$20.19 /SF/Yr
Avg Asking Price
$6.31–$47.14 /SF/Yr
Price Range
12,125 SF
Avg Space Size

This space is priced 24% above the average of $20.19 /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 - Unit 1 offers built-out office space with an additional basement area in a mixed-use University City corridor.
Where is this office units located?
The property is located at 3645-47 LANCASTER Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Asking $25 per SF + NNN (3645‑47 Lancaster Ave); Construction materials: masonry; year built: 1900; Unit 1 includes 1,789 +/- SF plus a 222 +/- SF basement
More about this property
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