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Lower-Level Office Suite
For Lease
$2,395/Mo

266 23RD Street, Philadelphia, PA 19103

CommercialLease - PHILADELPHIA, PA

Space SizeContact for details
Property Size2,092 SF
Days on Market301

Property Features for 266 23RD Street

General Information

Property type Other
Property subtype Office
Parking 4
Parking features Offsite, Parking Lot
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

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2006
Building materials Brick Front, Concrete
Listing Agency: Addison Real Estate Company Inc
Listed By: Jonathan M Tori · License #RM419819
Added: Oct 8, 2025 Changed: Jul 13 Last Checked: Aug 4 at 11:06PM
MLS# PAPH2546164

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 lower-level office space offers approximately 2,092 square feet of versatile open floor area, providing flexibility for customizing the layout to fit your business needs. The space also includes an option for up to four off-street parking spaces, available for an additional monthly fee.

The property is located at 266 23rd Street in Philadelphia, in the Fitler's Square area. The asking rent is $2,495 per month, plus CAM and U&O fees. Additional parking is available for $340 per space, per month.

Overall, the combination of an open, adaptable office environment and optional off-street parking makes this a practical space for an organization looking for a functional footprint in the area.

Key Highlights

  • Lower‑level office space with approximately 2,092 sq ft of versatile open floor area
  • Construction materials include brick front and concrete
  • Year built: 2006

Property Analytics

Current Use

Addison Real Estate Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Butcher Electrical Service Fish Market Farmer's Market

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
$2.06 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,325
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

Market

Lease Benchmarks for Philadelphia, PA

$19.58 /SF/Yr
Avg Asking Price
$0.52–$47.14 /SF/Yr
Price Range
14,593 SF
Avg Space Size

This space is priced 30% below the average of $19.58 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Lower-level office space with an open floor area, plus an option for up to four off-street parking spaces.
Where is this office units located?
The property is located at 266 23RD Street Philadelphia, PA.
What is the lease rate?
The lease rate is $2,395 /Mo.
What are key features of this property?
This property features: Lower‑level office space with approximately 2,092 sq ft of versatile open floor area; Construction materials include brick front and concrete; Year built: 2006
More about this property
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