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Open-Plan Retail Space
New
For Lease
$2,500/Mo

116-1000 Diamond St, Philadelphia, PA 19122

Flexible commercial space includes an office area and wet bar within a student apartment building.

Space Size1,442 SF
Days on Market3

Property Features for 116-1000 Diamond St

General Information

Standard status Active
Size 1,442 SF
Net Rentable 1,442 SF

Space & Availability

Available Space 1,442 SF
Contiguous Space 1,442 SF

Amenities

high ceilings
open floor plan
office space
wet bar
Listing Agency: Century 21 Integra - Newtown
Listed By: Ashley Butts · License #356824
Source: Exprealty
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Integra - Newtown

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Investment Insights

Based on property information with market context.

This 1,442-square-foot retail space features a broad open area, high ceilings, a separate office area and a wet bar. The layout previously accommodated event use and can be reconfigured for a tenant’s plans, subject to due diligence and confirmation of permitted uses with the City of Philadelphia.

The space is located within a residential building containing 92 apartments in Philadelphia. Its open configuration supports a range of potential commercial layouts, while the existing office and wet bar provide additional functional areas.

Key Highlights

  • 1,442 square feet of retail space
  • Located in a building with 92 apartments
  • High ceilings and an expansive open area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency (Bike/Boat/Book/etc) Store Clothing & Fashion Store Electrical Service

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
$3.12 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,911
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$25.26 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,447 SF
Avg Space Size

This space is priced 18% below the average of $25.26 /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

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space includes an office area and wet bar within a student apartment building.
Where is this retail space located?
The property is located at 116-1000 Diamond St Philadelphia, PA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,442 square feet of retail space; Located in a building with 92 apartments; High ceilings and an expansive open area
More about this property
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