Two-Level Retail
New
For Lease
Contact for pricing
1624-28 LOCUST Street, Philadelphia, PA 19103
CommercialLease, PHILADELPHIA, PA
Space Size11,400 SF
Days on Market4
Property Features for 1624-28 LOCUST Street
General Information
Property type
Other
Property subtype
Retail
Subdivision
RITTENHOUSE SQUARE
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Amenities
Rear loading and trash
wide footprint
flexible floor plan
Building Details
Year built
1940
Building materials
Masonry
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Veronica Gintel Blum · License #RS290724
(267) 238-1728
Added: Oct 7
Last Checked: Oct 10 at 3:06AM
MLS# PAPH2678742
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 retail space at 1624-28 Locust Street spans approximately 11,400 SF across two levels. The first floor contains approximately 5,400 SF, with another approximately 6,000 SF on the lower level. Ceiling heights reach 12 feet, and portions of the space include double-height ceilings. The property has rear loading and trash service, and its zoning is CMX-3. The space was previously used for creative coworking.
The building has 58 feet of frontage on Locust Street and sits one block from Rittenhouse Square. SEPTA’s Broad Street Line, PATCO, and Suburban Station are nearby. Five additional floors above the retail space are also available under new ownership.
The building has 58 feet of frontage on Locust Street and sits one block from Rittenhouse Square. SEPTA’s Broad Street Line, PATCO, and Suburban Station are nearby. Five additional floors above the retail space are also available under new ownership.
Key Highlights
- Approximately 11,400 SF across two floors
- Approximately 5,400 SF on the first floor and 6,000 SF on the lower level
- 58 feet of frontage on Locust Street
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
21,096
Businesses Nearby
257k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Apparel 27%
Shops & Services 16%
Hotels & Casinos 15%
The Ritz-Carlton, Philadelphia
Hotels & Casinos
30,824 visits/mo
0.4 miles
Starbucks
Dining
22,463 visits/mo
0.2 miles
UNIQLO
Apparel
20,066 visits/mo
0.2 miles
Ocean Prime
Dining
15,550 visits/mo
0.2 miles
Urban Outfitters
Apparel
15,117 visits/mo
0.2 miles
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
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Market
Lease Benchmarks for Philadelphia, PA
$23.94 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,619 SF
Avg Space Size
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A broad floor plate pairs street-level space with a lower level, rear loading, and Locust Street frontage.
Where is this retail space located?
The property is located at 1624-28 LOCUST Street Philadelphia, PA.
What are key features of this property?
This property features: Approximately 11,400 SF across two floors; Approximately 5,400 SF on the first floor and 6,000 SF on the lower level; 58 feet of frontage on Locust Street
