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Mixed-Use Medical Office Building
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2301 Pennsylvania Avenue, Philadelphia, PA 19130

Renovated multi-family redevelopment with elevator service and heat pumps, positioned at a Pennsylvania Avenue and North 23rd Street intersection.

Property Size12,800 SF
Lot Size0.10 Acres
Days on Market199

Property Features for 2301 Pennsylvania Avenue

General Information

Standard status Active
Size 12,800 SF
Class B
Lot size 0.10 Acres
Property subtype Special Purpose
Zoning RSA5

Additional Details

Road Access Yes

Building Details

Building Size 12,800 SF
Year Built 1957
Year Renovated 2009
Stories 4
Listing Agency: Binswanger
Listed By: Christopher Pennington · License #5006286
Source: Binswanger
Added: Feb 18 Changed: Sep 4 Last Checked: Aug 8 at 3:28AM

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 Binswanger

Investment Insights

Based on property information with market context.

This property presents a multi-family redevelopment opportunity with an end-user office component. The building totals approximately 12,800 SF across the lower level, first and second floors, and a third floor, with interior stairwells at both the front and rear. An elevator provides service to all levels, supported by heat pumps for heating and cooling. The site includes a 0.10 AC lot and features reinforced concrete construction with stone foundation walls. The hot water system is described as a Bradford White 50-gallon water tank. Electrical service is listed at 600 amps, and the building was originally built in 1957 and renovated in 2009.

The property is located at the intersection of Pennsylvania Avenue, North 23rd Street, and Spring Garden Street. The public remarks describe a walk-friendly setting near the Art Museum and Fairmount Park.

Zoning is RSA5 Residential Single Family Attached-5 (City of Philadelphia), and the building is described as Building Class B.

Key Highlights

  • 12,800 SF multi‑family redevelopment/end‑user office building with frontage at the intersection of Pennsylvania Ave, N 23rd St, and Spring Garden St
  • One elevator serving all levels; interior concrete stairwells at both front and rear
  • 2019? no—Year built 1957, renovated 2009 (Building Class B)

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Tanning Salon Florist Carpet & Flooring Store Fish Market

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,612
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19130, PA

31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value

Market

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?
Medical Office Space - Renovated multi-family redevelopment with elevator service and heat pumps, positioned at a Pennsylvania Avenue and North 23rd Street intersection.
Where is this medical office space located?
The property is located at 2301 Pennsylvania Avenue Philadelphia, PA.
What are key features of this property?
This property features: 12,800 SF multi‑family redevelopment/end‑user office building with frontage at the intersection of Pennsylvania Ave, N 23rd St, and Spring Garden St; One elevator serving all levels; interior concrete stairwells at both front and rear; 2019? no—Year built 1957, renovated 2009 (Building Class B)
More about this property
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