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Storefront Retail Space

231 Market Street, Philadelphia, PA 19106

For Lease
Contact for pricing

A private office, conference room, kitchenette, and bathroom support a range of small-format commercial layouts.

Space Size1,000 SF
Days on Market8

Property Features for 231 Market Street

General Information

Standard status Active
Size 1,000 SF
Property subtype Retail, Office

Site & Location

Neighborhood Center City

Additional Details

Floor Ground, Basement

Amenities

bathroom
kitchenette
private office
conference room

Spaces For Lease

at 231 Market Street
#1 Active
Size 1,000 SF
Contact us
Listing Agency: MSC Retail
Listed By: Julia McManus
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 10 at 6:37AM

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 MSC Retail

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Investment Insights

Based on property information with market context.

This 1,000-square-foot storefront includes a display window along Market Street and the full associated basement. Interior improvements include a bathroom, kitchenette, private office, and conference room, offering a mix of customer-facing and enclosed areas. The space is available for lease for office or retail use.

The property is at 231 Market Street in Philadelphia’s Old City neighborhood, described as historic and touristic.

Key Highlights

  • 1,000 SF storefront with display window along Market Street
  • Entire associated basement included
  • Private office and conference room

Property Analytics

Current Use

Old City District City Government Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Plumbing Service Pet Grooming Service Clothing & Fashion Store Butcher

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

6,078
Businesses Nearby
53k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 71% Shops & Services 19% Dining 11%
Philadelphia Marriott Old City Hotels & Casinos
14,972 visits/mo 0.3 miles
Kimpton Hotel Monaco Philadelphia Hotels & Casinos
10,769 visits/mo 0.3 miles
Starbucks Dining
5,627 visits/mo 0.1 miles
Renaissance Philadelphia Downtown Hotel Hotels & Casinos
5,199 visits/mo 0.3 miles
Holiday Inn Express Philadelphia Hotels & Casinos
4,463 visits/mo 0.2 miles

Demographics for 19106, PA

15,190
Population
9,913
Households
1.5
Avg Household Size
39
Median Age
80%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
16,878
Density / Sq Mi
$129,779
Median Household Income
$93,953
Median Earnings
$2,219
Median Rent
$528,700
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$25.4 /SF/Yr
Avg Asking Price
$6.15–$100 /SF/Yr
Price Range
4,332 SF
Avg Space Size

Average Price Trend$/SF/Yr for Storefront properties in Philadelphia, PA

$24.52 Jul
$25.94 Aug
$25.36 Sep
$25.69 Oct

Properties on Market for Storefront properties in Philadelphia

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Holland & Stokes — 620 S 6th St, Philadelphia, PA 19147
  • Underground Florals Not a walk-in bouquet florist. Custom orders only, allow a minimum of two days. — 618 Bainbridge St, Philadelphia, PA 19147
  • Cactaceae — 622 pemberton st, philadelphia, pa 19147
  • Ode À La Rose — 622 S 5th St, Philadelphia, PA 19147
  • Cedrone's Flowers — 800 Lombard St, Philadelphia, PA 19147

Frequently Asked Questions

What type of property is this?
Storefront property - A private office, conference room, kitchenette, and bathroom support a range of small-format commercial layouts.
Where is this storefront property located?
The property is located at 231 Market Street Philadelphia, PA.
What are key features of this property?
This property features: 1,000 SF storefront with display window along Market Street; Entire associated basement included; Private office and conference room
(215) 883-7376 Call to check price and availability
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