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First-Floor Office Unit
For Lease
$2,525/Mo

2116 LOCUST Street, Philadelphia, PA 19103

CommercialLease, PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.02 Acres
Days on Market101

Property Features for 2116 LOCUST Street

General Information

Property type Other
Property subtype Office
Subdivision RITTENHOUSE SQUARE
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 0.02 Acres

Utilities

Heating system Other (Heating)
Cooling system Ductless

Amenities

half bathroom
kitchenette
mini-splits

Building Details

Year built 1925
Number of units 2
Building materials Masonry
Listing Agency: Solo Real Estate, Inc.
Listed By: Alejandro L Franqui · License #rs291770
Added: Jun 15 Changed: Sep 2 Last Checked: Sep 23 at 7:06PM
MLS# PAPH2634598

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 first-floor office unit is currently configured as an architecture office within a masonry building constructed in 1925. The space includes a kitchenette and half bathroom, with mini-split systems providing heating and cooling.

Located at 2116 Locust Street in Philadelphia, the property is in ZIP Code 19103. The unit offers a compact office configuration for a professional user seeking a dedicated commercial workspace.

Key Highlights

  • First‑floor office unit
  • Currently configured as an architecture office
  • Kitchenette and half bathroom

Property Analytics

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Open Analytics

Current Use

Lo Design Architect

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Electrical Service Clothing & Fashion Store Adult Day Care Tattoo & Piercing Shop

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

16,659
Businesses Nearby

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
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

$21.66 /SF/Yr
Avg Asking Price
$6.31–$72.22 /SF/Yr
Price Range
10,480 SF
Avg Space Size

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 - Masonry office unit with a kitchenette, half bathroom, and ductless heating and cooling.
Where is this office units located?
The property is located at 2116 LOCUST Street Philadelphia, PA.
What is the lease rate?
The lease rate is $2,525/Mo.
What are key features of this property?
This property features: First‑floor office unit; Currently configured as an architecture office; Kitchenette and half bathroom
More about this property
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