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Ground-Floor Retail with Basement
For Lease
$26 SF/Yr

2516 FRANKFORD Avenue, Philadelphia, PA 19125

CommercialLease - PHILADELPHIA, PA

Property Size1,600 SF
Lot Size0.04 Acres
Days on Market50

Property Features for 2516 FRANKFORD Avenue

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking features On Street
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.04 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1939
Number of units 4
Building materials Mixed
Listing Agency: Keller Williams Realty Wilmington
Listed By: sAAJAN Patel
Added: Jun 12 Last Checked: Jul 31 at 7:06AM
MLS# PAPH2634874

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 offering is a ground-floor retail space designed for street-facing customer service, with 400 SF on the main level and an additional 1,200 SF of finished basement space for storage or ancillary use. The basement is finished and features 8-foot ceilings, creating a more functional extension of the space than an unfinished lower level or crawlspace.

The ground floor faces Frankford Avenue with direct street frontage and pedestrian traffic generated by activity along one of the city’s fastest-growing retail corridors.

The layout is well suited to concepts that benefit from a visible storefront and a dedicated, finished lower level for day-to-day operational needs. The space is noted as an ideal fit for non-vented food and beverage, boutique retail, wellness, or service uses, with the basement providing additional room for inventory, prep, or other ancillary functions while the main floor remains focused on customer-facing activity.

Key Highlights

  • 400 SF ground‑floor retail space with direct street frontage on Frankford Ave
  • 1,600 total usable SF including a 1,200 SF finished basement for storage or ancillary use
  • Basement includes 8‑foot ceilings for practical, fully functional use

Property Analytics

Current Use

Philly THC Gym & Fitness Center

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Accounting Firm Computer & Electronic Repair Tech Support Center

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

8 ft
Clear height
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,794
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Groceries 24% Electronics 10% Dining 2%
Sunoco Shops & Services
13,336 visits/mo 0.3 miles
Save-A-Lot Groceries
7,621 visits/mo 0.3 miles
Boost Mobile Electronics
3,365 visits/mo 0.3 miles
Truist Shops & Services
3,337 visits/mo 0.4 miles
Us Gas Shops & Services
2,251 visits/mo 0.3 miles

Demographics for 19125, PA

25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$26.46 /SF/Yr
Avg Asking Price
$0.52–$100 /SF/Yr
Price Range
4,542 SF
Avg Space Size

This space is priced 2% below the average of $26.46 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Street-facing 1,600 SF retail space includes a finished basement with 8-foot ceilings for flexible back-of-house use.
Where is this storefront property located?
The property is located at 2516 FRANKFORD Avenue Philadelphia, PA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 400 SF ground‑floor retail space with direct street frontage on Frankford Ave; 1,600 total usable SF including a 1,200 SF finished basement for storage or ancillary use; Basement includes 8‑foot ceilings for practical, fully functional use
More about this property
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