Streetfront Retail
New
For Lease
$3,950/Mo
16 S 3RD Street, Philadelphia, PA 19106
CommercialLease, PHILADELPHIA, PA
Space SizeContact for details
Lot Size0.06 Acres
Days on Market5
Property Features for 16 S 3RD Street
General Information
Property type
Other
Property subtype
Retail
Parking features
On Street
Subdivision
OLD CITY
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.06 Acres
Utilities
Cooling system
Ductless
Amenities
skylight
kitchenette
full bathroom
hardwood floors
exposed brick
mini splits
Building Details
Year built
1900
Building materials
Masonry
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Doug Gungor · License #RS306057
(267) 455-2613
Added: Aug 28
Last Checked: Sep 1 at 7:06PM
MLS# PAPH2664828
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property in Old City offers a flexible interior for retail or office use, with CMX-3 zoning supporting various permitted uses by right. The existing arrangement includes a reception area, closet storage, one 300 square foot semi-private room with a skylight, two smaller semi-open rooms with sliding doors, a kitchenette, and a full bathroom. Reconfiguration is also possible.
Interior features include original hardwood floors, exposed brick, abundant lighting, and ductless mini-split cooling distributed throughout the space. The masonry building dates to 1900 and provides on-street parking. The property occupies approximately 0.0551 acres at 16 S 3RD Street in Philadelphia’s Old City, an area described as having substantial pedestrian and vehicular activity.
Interior features include original hardwood floors, exposed brick, abundant lighting, and ductless mini-split cooling distributed throughout the space. The masonry building dates to 1900 and provides on-street parking. The property occupies approximately 0.0551 acres at 16 S 3RD Street in Philadelphia’s Old City, an area described as having substantial pedestrian and vehicular activity.
Key Highlights
- CMX‑3 zoning with various permitted uses by right
- 300 square foot semi‑private room with skylight
- Reception area, two additional rooms, kitchenette, and full bathroom
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
11,111
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19106, PA
15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value
Market
Lease Benchmarks for Philadelphia, PA
$26.07 /SF/Yr
Avg Asking Price
$10.5–$100 /SF/Yr
Price Range
3,463 SF
Avg Space Size
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with reception area, private rooms, kitchenette, bathroom, exposed brick, and original hardwood flooring.
Where is this storefront property located?
The property is located at 16 S 3RD Street Philadelphia, PA.
What is the lease rate?
The lease rate is $3,950/Mo.
What are key features of this property?
This property features: CMX‑3 zoning with various permitted uses by right; 300 square foot semi‑private room with skylight; Reception area, two additional rooms, kitchenette, and full bathroom
