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    1601 Market St Philadelphia, PA 19103

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    For Lease
    Contact for pricing

    Innovative work, retail, and lifestyle space in Center City, Philadelphia.

    Property size:
    3,473 SF
    Lot size:
    0.78 Acres

    Property Features for 1601 Market St

    General Information

    Size
    3,473 SF
    Lot size
    0.78 Acres

    Source: JLL | Philadelphia Agent Anthony LiVecchi

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

    Overview

    Modern Office and Retail Space

    Located at 1601 Market Street in Center City, Philadelphia, this property offers space suitable for innovative work, retail, and lifestyle purposes. The building features exterior lighting, glass-box retail spaces, and monument signage. The redesigned lobby includes honed marble floors, white walls and counters, and modern lighting. A new conference center and tenant lounge are planned. The property provides short and direct concourse access to regional rail, a tenant-only fitness center, secure bike storage, and modernized elevator systems. High-rise office floors include interconnecting stairwells. On-site amenities include a restaurant, retail options, and child care. The lobby features security and desk attendants. Underground parking is accessible. The property offers optimized spaces for efficiency with a side core building design and indoor air quality (MERV 13 +). The available space is 3473 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Capital 1031 Exchange Title Company Freedman & Lorry, P.C. Attorney lawyers club of philadelphia Attorney Klasko Immigration Law ... Law Firm Extended Care Systems Software Company

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center 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
    -75.167334
    Latitude
    39.953172

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    FAQs

    What type of property is this?
    Office space - Innovative work, retail, and lifestyle space in Center City, Philadelphia.
    Where is this office space located?
    The property is located at 1601 Market St Philadelphia, PA.
    What are key features of this property?
    This property features: - Prime Center City location at 1601 Market Street.; - Direct concourse access to regional rail.; - Modernized lobby with security and desk attendants.
    (215) 988-5500
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    1601 Market St Philadelphia, PA 19103
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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
    1601 Market St Philadelphia, PA 19103
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