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Bi-Level Office Unit
For Lease
$1,500/Mo CAM $178 /USD/MO

1848 N HANCOCK Street, Philadelphia, PA 19122

CommercialLease, PHILADELPHIA, PA

Space Size1,000 SF
Lot Size0.03 Acres
Days on Market19

Property Features for 1848 N HANCOCK Street

General Information

Property type Other
Property subtype Office
Subdivision OLDE KENSINGTON
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.03 Acres

Utilities

Cooling system Central Air

Building Details

Year built 2018
Building materials Masonry
Listing Agency: JG Real Estate LLC
Listed By: Charles R Mertz · License #RS320831
Added: Aug 17 Changed: Aug 19 Last Checked: Sep 4 at 12:06AM
MLS# PAPH2660748

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 1,000-square-foot bi-level office unit offers an adaptable commercial layout with an open main floor and a finished basement. The primary level includes hardwood flooring, double glass entry doors, windows, abundant natural light, and a half bath. The lower level adds tile flooring and closet storage, extending the usable workspace. Central air supports year-round comfort, while masonry construction and the 2018 build date add to the property’s physical profile.

The property is located at 1848 N Hancock Street in Philadelphia’s Olde Kensington area. Public transportation access includes nearby bus routes and Berks Station on the Market-Frankford Line, with Center City service. Towey Playground, Norris Square Park, and Shissler Recreation Center are also located nearby. RM1 zoning applies to the property.

Key Highlights

  • 1,000‑square‑foot bi‑level office unit
  • Finished basement with tile flooring and closet space
  • Open main‑level layout with hardwood floors and abundant natural light

Property Analytics

Current Use

Arica Miller, eXp ... Real Estate Agency Khalid Nathan Aleem ... Real Estate Agency A.C. Robey | REALTOR® ... Real Estate Agency Mersadies S. Bonilla ... Real Estate Agency Miosotis (Mia) Boyce ... Interior Design

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store Tanning Salon Electrical Service

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,638
Businesses Nearby

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$22.29 /SF/Yr
Avg Asking Price
$6.31–$72.22 /SF/Yr
Price Range
11,709 SF
Avg Space Size

This space is priced 19% below the average of $22.29 /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 - Flexible office layout with finished lower-level space, natural light, central air, and masonry construction.
Where is this office units located?
The property is located at 1848 N HANCOCK Street Philadelphia, PA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,000‑square‑foot bi‑level office unit; Finished basement with tile flooring and closet space; Open main‑level layout with hardwood floors and abundant natural light
More about this property
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