Unique Auditorium Space for
For Lease
Contact for pricing
220 S 47th St, Philadelphia, PA
Creative commercial lease in West Lofts near universities.
Space SizeContact for details
Property Size3,000 SF
Lot Size4.08 Acres
Days on Market1268
Property Features for 220 S 47th St
General Information
Standard status
Active
Size
3,000 SF
Lot size
4.08 Acres
Property subtype
RETAIL
Spaces For Lease
at 220 S 47th St Contact us220 S 47th St $12/SF/Yr
Contact us
Listing Agency:
MPN Realty, Inc.
(267) 238-1728
Listed By:
Alexandra Charen · License #RS290724
(267) 546-1732
Source:
Moodyscre
Added: Feb 15, 2023
Changed: Jul 10
Last Checked: Jul 21 at 5:25AM
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 MPN Realty, Inc.
Investment Insights
Based on property information with market context.
The property available for lease is a creative commercial space located within the West Lofts residential building at the corner of 47th and Walnut Street. The space, formerly the Girl's Auditorium, offers approximately 3,000 square feet with an additional mezzanine level. The West Lofts building preserves the century-old grandeur of the original gothic/industrial West Philadelphia High School, featuring brick and steel detailing, soaring concrete ceilings, and oversized windows. The building's Phase 1 is 95% occupied with 139 residential units. Phase 2, when finished, will offer an additional 182 residential units and the Boy's auditorium. Phase 3, when finished, will offer an additional 170+ residential units, the former boiler room, and the newer gym from 1976. The property benefits from a 24-hour concierge and close proximity to UPenn, Penn Med & Vet Schools, Drexel University, Walnut Hill Restaurant School, and University of the Sciences. The location is four blocks from the Market Frankford Subway Line, with multiple SEPTA bus stops within one block of West Lofts.
Key Highlights
- Unique commercial lease opportunity in the historic West Lofts building.
- Located near UPenn, Drexel, and public transportation.
- +/- 3,000 SF auditorium space with mezzanine level.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,537
Businesses Nearby
126k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Groceries 28%
Dining 21%
Apparel 7%
Aldi
Groceries
35,357 visits/mo
0.4 miles
McDonald's
Dining
22,600 visits/mo
0.4 miles
Sunoco
Shops & Services
12,837 visits/mo
0.3 miles
Sunoco
Shops & Services
11,845 visits/mo
0.4 miles
Exxon
Shops & Services
8,589 visits/mo
0.2 miles
Market
Lease Benchmarks for Philadelphia, PA
$24.08 /SF/Yr
Avg Asking Price
$2.97–$100 /SF/Yr
Price Range
7,117 SF
Avg Space Size
This space is priced 50% below the average of $24.08 /SF/Yr.
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Creative commercial lease in West Lofts near universities.
Where is this retail space located?
The property is located at 220 S 47th St Philadelphia, PA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Unique commercial lease opportunity in the historic West Lofts building.; Located near UPenn, Drexel, and public transportation.; +/- 3,000 SF auditorium space with mezzanine level.
