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Historic Office Building with Roof Deck
For Lease
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303 Cherry St, Philadelphia, PA 19106

Recently renovated multi-floor historic building with turn-key office suites, elevator access, and rooftop deck.

Property Size3,275 SF
Days on Market277

Property Features for 303 Cherry St

General Information

Standard status Active
Size 3,275 SF
Elevators Yes
Property subtype OFFICE

Space & Availability

Divisible Yes
Space Use Creative Office
Condition Turnkey
Furnished Yes

Amenities

glass conference room
kitchenette
multiple bathrooms
roof deck

Building Details

Stories 3
Construction brick & cast iron
Listing Agency: MSC Retail - Philadelphia
Listed By: Josh Weiss
Source: Moodyscre
Added: Oct 28, 2025 Changed: Jul 30 Last Checked: Jul 30 at 10:20AM

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 - Philadelphia

Investment Insights

Based on property information with market context.

Recently completed renovation of a historic boutique building featuring a brick facade, cast iron columns, and arched windows. The property offers three floors plus a basement and roof deck, with space available to lease by floor or as the entire building. Each floor includes turn-key space with a glass conference room and offices, kitchenette, office furniture and wiring, multiple bathrooms, and elevator access.

The building is located within the Keystone Innovation Zone, which may offer tax credits to eligible companies. It sits on a quiet, tree-lined side street, steps from Old City’s North 3rd Street and the surrounding mix of restaurants, cafes, galleries, and boutiques.

Suitable uses include retail, creative office, and showroom. The building’s boutique character and ready-to-use floor layouts make it well suited for tenants looking for flexible, move-in-ready space.

Key Highlights

  • Three floors plus basement and roof deck
  • Recently completed renovation with brick facade, cast iron columns, and arched windows
  • Turn‑key floors with glass conference room, kitchenette, and multiple bathrooms

Property Analytics

Current Use

Kelly Mericle Design Interior Design RUTH BORGENICHT Theater & Performing Art Venue

Suggested Use

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

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

11,143
Businesses Nearby

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

$17.74 /SF/Yr
Avg Asking Price
$6.7–$25 /SF/Yr
Price Range
39,657 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated multi-floor historic building with turn-key office suites, elevator access, and rooftop deck.
Where is this office building located?
The property is located at 303 Cherry St Philadelphia, PA.
What are key features of this property?
This property features: Three floors plus basement and roof deck; Recently completed renovation with brick facade, cast iron columns, and arched windows; Turn‑key floors with glass conference room, kitchenette, and multiple bathrooms
(215) 883-7389 Call to check price and availability
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