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Retail Space in Old City
For Lease
$2,250/Mo

234 ARCH Street, Philadelphia, PA 19106

CommercialLease - PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.02 Acres
Days on Market144

Property Features for 234 ARCH Street

General Information

Property type Other
Property subtype Retail
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 700 SF
Lot size 0.02 Acres

Building Details

Year built 1890
Building materials Masonry
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Alexandra Charen · License #RS351522
Added: Apr 13 Changed: Jun 9 Last Checked: Sep 3 at 9:06AM
MLS# PAPH2607196

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 commercial space offers approximately 700 square feet of retail space in Philadelphia's Old City neighborhood. The property features 15 feet of frontage on Arch Street and benefits from high pedestrian foot traffic. Zoned CMX-3, the space is suitable for various business uses, including boutique retail, professional offices, artist studios or galleries, and non-vented food operations. The location is accessible via SEPTA bus lines 5 and 48, and is a few blocks from the Market Frankford Subway Line. Old City is known as America's "most historic square mile", hosting numerous museums, institutions, theaters, and art galleries. The area is experiencing significant residential growth, with a projected population increase of 5.3% over the next five years. The lot size is approximately 0.0218 acres.

Key Highlights

  • High pedestrian foot traffic on Arch Street.
  • Prime location in Old City, America's "most historic square mile".
  • Projected 5.3% population growth in the next 5 years.

Property Analytics

Current Use

House of Aperture Photography Service Founding Agency LLC ... Insurance Agency

Suggested Use

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,253
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 68% Shops & Services 21% Dining 10% Home Improvements & Furnishings 1%
Philadelphia Marriott Old City Hotels & Casinos
14,972 visits/mo 0.5 miles
Kimpton Hotel Monaco Philadelphia Hotels & Casinos
10,769 visits/mo 0.4 miles
Starbucks Dining
5,627 visits/mo 0.1 miles
Renaissance Philadelphia Downtown Hotel Hotels & Casinos
5,199 visits/mo 0.4 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

$25.21 /SF/Yr
Avg Asking Price
$3.32–$100 /SF/Yr
Price Range
6,858 SF
Avg Space Size

This space is priced 53% above the average of $25.21 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 700 SF retail space in Philadelphia's historic Old City.
Where is this retail space located?
The property is located at 234 ARCH Street Philadelphia, PA.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: High pedestrian foot traffic on Arch Street.; Prime location in Old City, America's "most historic square mile".; Projected 5.3% population growth in the next 5 years.
More about this property
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