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Corner Retail Space
For Lease
$1,600/Mo

1850 S 23RD STREET, Philadelphia, PA 19145

Ground-floor premises have an open layout and an existing interior build-out.

Space Size852 SF
Days on Market17

Property Features for 1850 S 23RD STREET

General Information

Standard status Active
Size 852 SF
Net Rentable 852 SF
Property subtype Retail
Zoning RM1

Space & Availability

Available Space 852 SF
Contiguous Space 852 SF
Floor Ground
Space Use Retail

Site & Location

Neighborhood North Philadelphia
Corner Location Yes
Utilities to Site Yes

Amenities

open floor plan
electric heat
hot water
window A/C unit
on-street/public parking
walkable neighborhood

Building Details

Year Built 1920
Listing Agency: Keller Williams Realty Wilmington
Listed By: sAAJAN Patel
Source: Desantis-realestate
Added: Oct 12 Changed: Oct 27 Last Checked: Oct 27 at 3:37AM

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 Keller Williams Realty Wilmington

Rey
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Investment Insights

Based on property information with market context.

Ground-floor retail space offers 852 SF with an open floor plan and a build-out from its former hair salon use. Heating is electric, with hot water and a window air-conditioning unit. Public water and sewer serve the property, which was built in 1920.

The space occupies a corner at 1850 S 23rd Street in Philadelphia’s South Philadelphia area. On-street and public parking are available. RM1 zoning is identified for the property.

Key Highlights

  • 852 SF of ground‑floor retail space
  • Open floor plan with existing salon build‑out
  • RM1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Kutting It Klose ... Hair Salon SUIE & WEAVER ASSOCIATES High School

Suggested Use

Top Pick Law Firm Parking Lot & Garage Tech Support Center Travel Agency Electrical Service Real Estate Agency

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,463
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 63% Shops & Services 28% Electronics 5% Dining 5%
Grocery Outlet Bargain Market Groceries
8,579 visits/mo 0.5 miles
Fine Wine & Good Spirits Groceries
5,018 visits/mo 0.2 miles
U-Haul Moving & Storage of Strawberry Mansion Shops & Services
2,225 visits/mo 0.4 miles
Dollar General Shops & Services
2,210 visits/mo 0.4 miles
Ace Cash Express Shops & Services
1,631 visits/mo 0.2 miles

Demographics for 19145, PA

47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Philadelphia, PA

$25.28 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,474 SF
Avg Space Size

This space is priced 11% below the average of $25.28 /SF/Yr.

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor premises have an open layout and an existing interior build-out.
Where is this retail space located?
The property is located at 1850 S 23RD STREET Philadelphia, PA.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 852 SF of ground‑floor retail space; Open floor plan with existing salon build‑out; RM1 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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