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Heated Basement Flex Space

1720 N 24TH STREET Unit C, Philadelphia, PA 19121

For Lease
New
$600/Mo

Lighting, utility service, and access to an outdoor area support storage or workshop use.

Space SizeContact for details
Days on Market6

Property Features for 1720 N 24TH STREET Unit C

General Information

Standard status Active
Property subtype Industrial

Lease Terms

Lease Rate $600 /MO
Total Rate $600

Site & Location

Neighborhood South Philadelphia

Additional Details

Space Use Flex
Warehouse Heated Yes

Building Details

Year Built 1920
Listing Agency: KW Empower
Listed By: William Taylor Hannum · License PA RS358666
Source: Lizclarkrealestate
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:22PM

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 KW Empower

Rey
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Investment Insights

Based on property information with market context.

This heated basement flex space provides approximately 400 sq ft across two levels, with a tall ceiling and lighting. Utilities are included, and the space has access to an outdoor area of roughly 200 q ft. Storage and small workshop use are noted as options. A bathroom may be installed before occupancy at the tenant’s request.

Key Highlights

  • Approximately 400 sq ft of bi‑level basement space
  • Heated interior with tall ceiling and lighting
  • Access to roughly 200 q ft of outdoor space

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Tech Support Center

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

1,751
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$12.84 /SF/Yr
Avg Asking Price
$6–$27.95 /SF/Yr
Price Range
13,858 SF
Avg Space Size

Average Price Trend$/SF/Yr for Flex space in Philadelphia, PA

$12.86 Jul
$13.56 Aug
$13.74 Sep
$13.1 Oct

Properties on Market for Flex space in Philadelphia

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019
2.3% 2020
1.6% 2021
2.3% 2022
8.4% 2023
9.1% 2024
11.2% 2025

Similar Off Market Nearby

  • Philadelphia Catering Company — 2019 S 26th St, Philadelphia, PA 19145
  • Let’s Get it Crackin — Morris St and, Point Breeze Ave, Philadelphia, PA 19145
  • Chef's Table Catering — 2900 Grays Ferry Ave, Philadelphia, PA 19146
  • momma's boy kitchen — 2400 Federal St, Philadelphia, PA 19146

Frequently Asked Questions

What type of property is this?
Flex space - Lighting, utility service, and access to an outdoor area support storage or workshop use.
Where is this flex space located?
The property is located at 1720 N 24TH STREET Unit C Philadelphia, PA.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: Approximately 400 sq ft of bi‑level basement space; Heated interior with tall ceiling and lighting; Access to roughly 200 q ft of outdoor space
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