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    6721-23 Elmwood Ave Philadelphia, PA 19142

    For Lease
    $3,000 /Mo ($13 SF/Yr)

    CommercialLease - PHILADELPHIA, PA

    Type:Office
    Lot size:
    0.06 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 6721-23 Elmwood Ave

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1920
    Number of units
    4
    Building materials
    Masonry

    George A Moscony Real Estate Inc (215) 365-6030 [email protected]

    Listing agent George A Moscony (215) 365-6030 License #RM061062A

    Listing date Sep 3, 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 Philadelphia, PA

    A commercial space featuring two buildings is available for lease. The property is located in Philadelphia, Pennsylvania. The lot size is 0.06 acres. This property is suitable for retail and office use.
    Location Intelligence

    Current Use by Public Records

    Office 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
    -75.23364258
    Latitude
    39.92012787

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    FAQs

    What type of property is this?
    Office space - Two-building store available for lease in Philadelphia, Pennsylvania.
    Where is this office space located?
    The property is located at 6721-23 Elmwood Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Large store for rent in 2 buildings.; - Masonry construction.; - Built in 1920.
    (215) 365-6030
    Request Owner's contact information
    6721-23 Elmwood Ave Philadelphia, PA 19142
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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
    6721-23 Elmwood Ave Philadelphia, PA 19142
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