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    303 Cherry St Philadelphia, PA 19106

    For Lease
    Contact for pricing

    Historic building with modern amenities in a prime location.

    Property size:
    3,352 SF
    Lot size:
    0.08 Acres

    Property Features for 303 Cherry St

    General Information

    Size
    3,352 SF
    Lot size
    0.08 Acres

    Source: MSC Retail - Philadelphia Agent Josh Weiss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Boutique Building in Old City

    This recently renovated historic boutique building features a brick facade, cast iron columns, and arched windows. The property includes three floors, a basement, and a roof deck. The space is available for lease by floor or as an entire building. Each floor offers a turn-key space with a glass conference room, offices, a kitchenette, office furniture and wiring, multiple bathrooms, and elevator access. The property is located within the boundaries of the Keystone Innovation Zone, potentially offering tax credits to eligible companies. Situated on a quiet, tree-lined side street, it is steps away from Old City’s vibrant North 3rd Street, which features numerous restaurants, cafes, galleries, and boutiques. Suitable uses include retail, creative office, and showroom space. The property size is 3352 square feet.
    Location Intelligence

    Current Use by Public Records

    Kelly Mericle Design Interior Designer RUTH BORGENICHT Art Center

    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
    -75.145754
    Latitude
    39.953347

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    FAQs

    What type of property is this?
    Office space - Historic building with modern amenities in a prime location.
    Where is this office space located?
    The property is located at 303 Cherry St Philadelphia, PA.
    What are key features of this property?
    This property features: - Recently renovated historic boutique building in Old City.; - Turn-key office space with glass conference room, offices, kitchenette, furniture, wiring, multiple bathrooms, and elevator access on each floor.; - Located within the Keystone Innovation Zone (potential tax credits).
    (215) 568-2600
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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
    303 Cherry St Philadelphia, PA 19106
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