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Storefront Property With Parking
New
For Lease
$4,300/Mo

1423 SPRUCE STREET, Philadelphia, PA 19102

The property offers central air, forced-air heating, and a dedicated parking lot.

Space SizeContact for details
Days on Market5

Property Features for 1423 SPRUCE STREET

General Information

Standard status Active
Total Parking Spaces 2
Zoning CMX5

Amenities

Accessible Hallway(s)
Central Air
Natural Gas, Forced Air
Electric Water Heater
Parking Lot

Building Details

Year Built 1981
Listing Agency:
Listed By: David T Lo
Source: Evrealestate
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 12 at 4:44AM

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 David T Lo

Investment Insights

Based on property information with market context.

This storefront property was built in 1981 and includes central air, natural-gas forced-air heating, and an electric water heater. A parking lot is provided as part of the property’s exterior improvements.

Access is from Broad Street via Spruce Street in Philadelphia, Pennsylvania 19102. The property is zoned CMX5.

Key Highlights

  • Storefront property built in 1981
  • CMX5 zoning
  • Central air conditioning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Pet Grooming Service Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

25,331
Businesses Nearby
274k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Apparel 25% Shops & Services 16% Hotels & Casinos 14%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.3 miles
Starbucks Dining
22,463 visits/mo 0.3 miles
UNIQLO Apparel
20,066 visits/mo 0.2 miles
Starbucks Dining
16,511 visits/mo 0.5 miles
Ocean Prime Dining
15,550 visits/mo 0.1 miles

Demographics for 19102, PA

7,568
Population
4,606
Households
1.6
Avg Household Size
32
Median Age
87%
College-Educated
98%
High-School Grad
0.2 sq mi
ZIP Area
37,840
Density / Sq Mi
$114,844
Median Household Income
$79,552
Median Earnings
$2,249
Median Rent
$412,200
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$23.1 /SF/Yr
Avg Asking Price
$0.52–$100 /SF/Yr
Price Range
3,986 SF
Avg Space Size

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - The property offers central air, forced-air heating, and a dedicated parking lot.
Where is this storefront property located?
The property is located at 1423 SPRUCE STREET Philadelphia, PA.
What is the lease rate?
The lease rate is $4,300/Mo.
What are key features of this property?
This property features: Storefront property built in 1981; CMX5 zoning; Central air conditioning
More about this property
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