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Renovated 2nd-Floor Office Suites

203-1522 Alter St, Philadelphia, PA 19147

For Lease
$999/Mo

Newly renovated suites offer private bathrooms, kitchenettes, and secure access for professional office users.

Space SizeContact for details
Days on Market161

Property Features for 203-1522 Alter St

General Information

Standard status Active
Listing Agency: Coldwell Banker Realty
Listed By: Joseph Solomon · License PA RS362078
Source: Exprealty
Added: Jun 2 Changed: Nov 1 Last Checked: Nov 8 at 10:00AM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

Alter Street Studios is a newly renovated boutique office building offering available office suites on the second floor. Suites can be leased individually or joined with additional space if desired and available. Each suite includes hardwood floors, skylights, a private bathroom, and a kitchenette, providing self-contained workplace functionality.

The property is located conveniently near the Washington Avenue/Broad Street intersection, supporting easy access for employees and visitors. Secure building access is available with a phone line that allows guests in remotely, with camera security for additional control.

This configuration is well suited for businesses seeking a polished, move-in ready office environment with private amenities in each suite. The ability to combine suites can accommodate a growing team or a need for additional workspace, while maintaining the same suite-level features including hardwood flooring, skylights, and on-site kitchenette and bathroom access.

Key Highlights

  • Newly renovated boutique office building with suites for lease on the 2nd floor
  • Each suite includes hardwood floors, skylights, a private bathroom, and a kitchenette
  • Secure building access with phone line for remote guest entry and camera security

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Office Units

Suggested Use

Top Pick Dental Office Daycare Center (Bike/Boat/Book/etc) Store Food Market Hair Salon 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

659
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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

$22.18 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
14,320 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Philadelphia, PA

$19.81 Jul
$22.62 Aug
$21.69 Sep
$22.08 Oct

Properties on Market for Office Units in Philadelphia

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Newly renovated suites offer private bathrooms, kitchenettes, and secure access for professional office users.
Where is this office unit located?
The property is located at 203-1522 Alter St Philadelphia, PA.
What is the lease rate?
The lease rate is $999/Mo.
What are key features of this property?
This property features: Newly renovated boutique office building with suites for lease on the 2nd floor; Each suite includes hardwood floors, skylights, a private bathroom, and a kitchenette; Secure building access with phone line for remote guest entry and camera security
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