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Corner Retail Space
For Lease
$1,600/Mo

1850 S 23RD Street, Philadelphia, PA 19145

CommercialLease, PHILADELPHIA, PA

Space Size852 SF
Lot Size0.02 Acres
Days on Market14

Property Features for 1850 S 23RD Street

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.02 Acres

Additional Details

Corner Location Yes

Utilities

Cooling system Window Unit(s)

Amenities

open floor plan
electric heat
hot water
window A/C unit
public water and sewer service

Building Details

Year built 1920
Number of units 2
Building materials Masonry
Listing Agency: Keller Williams Realty Wilmington
Listed By: sAAJAN Patel
Added: Oct 12 Changed: Oct 23 Last Checked: Oct 25 at 9:06AM
MLS# PAPH2679932

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.

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Investment Insights

Based on property information with market context.

This ground-floor retail unit offers an open plan and an existing interior build-out from its prior operation as a hair salon. The building dates to 1920 and has masonry construction. Mechanical features include electric heat, hot water, and a window air-conditioning unit; a basement is also listed among the property’s rooms. The site measures 0.0228 acres, and the space contains 852 SF.

At 1850 S 23RD Street, the space occupies a corner position in Philadelphia’s West Passyunk / Point Breeze corridor. On-street parking is available, with public parking also referenced. RM1 zoning and the existing salon layout are among the property’s stated features for prospective tenants to consider.

Key Highlights

  • 852 SF of ground‑floor retail space
  • Open layout with an existing build‑out from its prior hair salon use
  • RM1 zoning

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
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

1,639
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 23% Groceries 4% Electronics 3%
7-Eleven Shops & Services
9,595 visits/mo 0.4 miles
Conoco Shops & Services
9,338 visits/mo 0.4 miles
Little Caesars Pizza Dining
7,188 visits/mo 0.5 miles
Dollar General Shops & Services
4,623 visits/mo 0.2 miles
Fine Wine & Good Spirits Groceries
1,591 visits/mo 0.4 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
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$24.95 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
7,378 SF
Avg Space Size

This space is priced 10% below the average of $24.95 /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 - The open ground-floor layout includes a salon build-out, with RM1 zoning and public water and sewer service.
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 layout with an existing build‑out from its prior hair salon use; RM1 zoning
More about this property
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