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Adjoining Office Units
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For Lease
$500/Mo CAM $40 /USD/MO

1427 SPRUCE STREET Unit 6-7, Philadelphia, PA 19102

Two separated rooms and a half-bath create a compact office setup near restaurants, shops, parking garages, and public transportation.

Space Size180 SF
Days on Market6

Property Features for 1427 SPRUCE STREET Unit 6-7

General Information

Standard status Active
Size 180 SF
Net Rentable 180 SF
Property subtype Office

Space & Availability

Available Space 180 SF
Contiguous Space 180 SF
Space Use Office
Private Offices 2

Additional Details

CAM $40 /USD/MO
Public Transit Yes

Building Details

Year Built 1900
Listing Agency: BHHS Fox & Roach-Center City Walnut
Listed By: Anthony Gioielli · License #RS316763
Source: Patmckennarealtors
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 20 at 10:11AM

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 BHHS Fox & Roach-Center City Walnut

Investment Insights

Based on property information with market context.

This office offering combines two adjoining rooms with a small half-bath equipped with a sink and commode. The approximately 180-square-foot layout includes one room measuring 6 x 10 feet and a second measuring 10 x 10 feet. A door separates the rooms, providing distinct work areas within the suite. The property is located at 1427 Spruce Street, Unit 6-7, near Philadelphia’s Avenue of the Arts. Restaurants, shopping, parking garages, and public transportation are close by. The tenant is responsible for unit electric and Business U&O tax. The building dates to 1900.

Key Highlights

  • Approximately 180 sq ft of office space
  • Two adjoining rooms with a separating door
  • Room dimensions of 6 x 10 and 10 x 10

Property Analytics

Current Use

Orchestra 2001 Theater & Performing Art Venue Chad & Sons Plumbing Plumbing Service Grayson's Finest Plumbing Plumbing Service Classic Massage For Men Alternative Medicine Practice Dreamlive Music Studio Training Center

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
$5.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

25,331
Businesses Nearby

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

$21.54 /SF/Yr
Avg Asking Price
$6.31–$72.22 /SF/Yr
Price Range
10,576 SF
Avg Space Size

This space is priced 55% above the average of $21.54 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two separated rooms and a half-bath create a compact office setup near restaurants, shops, parking garages, and public transportation.
Where is this office units located?
The property is located at 1427 SPRUCE STREET Unit 6-7 Philadelphia, PA.
What is the lease rate?
The lease rate is $500/Mo.
What are key features of this property?
This property features: Approximately 180 sq ft of office space; Two adjoining rooms with a separating door; Room dimensions of 6 x 10 and 10 x 10
More about this property
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