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

1848 N HANCOCK STREET Unit 1, Philadelphia, PA 19122

Flexible commercial space with hardwood floors, natural light, and a finished lower level for additional usable area.

Space Size1,000 SF
Days on Market18

Property Features for 1848 N HANCOCK STREET Unit 1

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype Office
Zoning RM1

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF

Additional Details

CAM $178 /USD/MO
Public Transit Yes

Building Details

Year Built 2018
Listing Agency: JG Real Estate LLC
Listed By: Charles R Mertz · License #RS320831
Source: Patmckennarealtors
Added: Aug 17 Changed: Aug 28 Last Checked: Sep 2 at 12:23AM

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 JG Real Estate LLC

Investment Insights

Based on property information with market context.

This 1,000-square-foot office unit at 1848 N Hancock Street includes two levels designed for flexible commercial use. The main floor features an open layout, hardwood flooring, double glass entry doors, windows, and a half bath. A finished basement adds tile flooring, closet storage, and substantial additional workspace.

The property is in Philadelphia’s Olde Kensington area, near Towey Playground, Norris Square Park, and Shissler Recreation Center. Public transportation access includes nearby bus routes and Berks Station on the Market-Frankford Line, providing service toward Center City. The property was built in 2018 and is zoned RM1.

Key Highlights

  • 1,000‑square‑foot office unit arranged across two levels
  • Open main‑floor layout with hardwood flooring and abundant windows
  • Finished basement with tile flooring and closet space

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial space with hardwood floors, natural light, and a finished lower level for additional usable area.
Where is this office units located?
The property is located at 1848 N HANCOCK STREET Unit 1 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 office unit arranged across two levels; Open main‑floor layout with hardwood flooring and abundant windows; Finished basement with tile flooring and closet space
More about this property
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