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Flexible-Term Creative Space
New
For Lease
$1,500/Mo

4116 KENSINGTON AVENUE, Philadelphia, PA 19124

The commercial interior can accommodate uses such as a studio, office, or retail operation.

Space Size1,600 SF
Days on Market5

Property Features for 4116 KENSINGTON AVENUE

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,600 SF
Property subtype Special Purpose

Space & Availability

Available Space 1,600 SF
Contiguous Space 1,600 SF

Lease Terms

Lease Term 60 months
Flexible Term Yes

Site & Location

Neighborhood Kensington

Amenities

on street parking nearby

Building Details

Year Built 1944
Listing Agency: RE/MAX Access
Listed By: Dorothea J Neverson · License #RS298947
Source: Lizclarkrealestate
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 2:40PM

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 RE/MAX Access

Rey
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Investment Insights

Based on property information with market context.

This 1,600-square-foot commercial space is offered for lease, with potential applications including a dance studio, artist loft, business office, or retail use. The building dates to 1944.

The owner is seeking a lease term of 2–5 years and is open to discussing different terms. Rent is structured separately from utilities. On-street parking is available nearby at 4116 Kensington Avenue in Philadelphia.

Key Highlights

  • 1,600 square feet of commercial space
  • Owner seeks a 2–5 year lease and is flexible on terms
  • Potential uses include a dance studio, artist loft, business office, or retail

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hammell & Sons Car Wash Kiano INC Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

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
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,500
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$17.66 /SF/Yr
Avg Asking Price
$7.67–$36 /SF/Yr
Price Range
30,586 SF
Avg Space Size

This space is priced 36% below the average of $17.66 /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

Frequently Asked Questions

What type of property is this?
Creative space - The commercial interior can accommodate uses such as a studio, office, or retail operation.
Where is this creative space located?
The property is located at 4116 KENSINGTON AVENUE Philadelphia, PA.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,600 square feet of commercial space; Owner seeks a 2–5 year lease and is flexible on terms; Potential uses include a dance studio, artist loft, business office, or retail
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