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Storefront with Lower-Level Space
For Lease
$4,800/Mo

45 N 2ND Street N, Philadelphia, PA 19106

CommercialLease, PHILADELPHIA, PA

Space Size4,000 SF
Lot Size0.05 Acres
Days on Market21

Property Features for 45 N 2ND Street N

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking features On Street
Subdivision OLD CITY
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
Lot size 0.05 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1865
Building materials Masonry
Listing Agency: A La Carte Realty LLC
Listed By: Jill Fratto · License #RB068060
Added: Oct 2 Changed: Oct 21 Last Checked: Oct 22 at 7:06PM
MLS# PAPH2676666

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.

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Investment Insights

Based on property information with market context.

This masonry storefront in Philadelphia’s Old City neighborhood includes approximately 2,000 SF at street level and a 2,000 SF lower level, for about 4,000 SF overall. Each level measures 20' x 100'. The building dates to 1865 and has forced-air heating and central air conditioning. On-street parking is available.

The property is just off 2nd and Market Streets. CMX-3 zoning is identified, and potential concepts described for the space include retail, office, showroom, restaurant or cafe, wellness, studio, and gallery uses. The lower-level area adds usable space alongside the street-facing storefront.

Key Highlights

  • Approximately 2,000 SF at street level and 2,000 SF on the lower level
  • About 4,000 SF total; each level measures 20' x 100'
  • CMX‑3 zoning

Property Analytics

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

Current Use

Sphinx & Snakeskin (Bike/Boat/Book/etc) Store KDM Engineering Engineer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Plumbing Service 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
Utilities to site
NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,993
Businesses Nearby
72k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 52% Shops & Services 23% Groceries 17% Dining 8%
Philadelphia Marriott Old City Hotels & Casinos
14,972 visits/mo 0.1 miles
ACME Markets Groceries
12,615 visits/mo 0.4 miles
Kimpton Hotel Monaco Philadelphia Hotels & Casinos
10,769 visits/mo 0.3 miles
TD Bank Shops & Services
6,416 visits/mo 0.5 miles
Starbucks Dining
5,627 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Philadelphia, PA

$26.06 /SF/Yr
Avg Asking Price
$6.15–$100 /SF/Yr
Price Range
4,202 SF
Avg Space Size

This space is priced 45% below the average of $26.06 /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

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Frequently Asked Questions

What type of property is this?
Storefront property - Street-level and basement areas provide separate space for a range of commercial configurations.
Where is this storefront property located?
The property is located at 45 N 2ND Street N Philadelphia, PA.
What is the lease rate?
The lease rate is $4,800/Mo.
What are key features of this property?
This property features: Approximately 2,000 SF at street level and 2,000 SF on the lower level; About 4,000 SF total; each level measures 20' x 100'; CMX‑3 zoning
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