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First-Floor Office Units

53 E Armat Street 1st Floor, Philadelphia, PA 19144

For Lease
$8,000/Mo

Flexible layout includes classrooms, offices, and training space.

Space Size7,953 SF
Days on Market95

Property Features for 53 E Armat Street 1st Floor

General Information

Standard status Active
Size 7,953 SF

Space & Availability

Contiguous Space 7,953 SF
Divisible Yes
Floor 1
Space Use Office
Sublease No

Site & Location

Neighborhood Morton
Highway Access Yes
Public Transit Yes

Building Details

Year Built 1940
Listing Agency: KW Empower
Listed By: Michael John Patterson
Source: Lgagne
Added: Aug 10 Changed: Nov 6 Last Checked: Nov 12 at 1:20PM

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 KW Empower

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Investment Insights

Based on property information with market context.

The first-floor office space at 53 E. Armat Street encompasses approximately 7,953 square feet within a building constructed in 1940. Its existing configuration includes multiple classrooms, a training room, large workroom, records storage, and private offices, providing a range of functional areas within one premises.

The floor plan can be adapted and subdivided for organizations requiring a more focused footprint. The property is in Germantown, with access to public transportation and major highways for staff and visitors. The space is available in its existing condition and may suit educational, training, administrative, or nonprofit operations.

Key Highlights

  • Approximately 7,953 square feet on the first floor
  • Classrooms, training room, workroom, records storage, and private offices
  • Subdividable floor plan supports more targeted space requirements

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store

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
Highway access
NNN (Triple Net)
Lease Type
$1.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,973
Businesses Nearby

Demographics for 19144, PA

44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$22.18 /SF/Yr
Avg Asking Price
$6.31–$72 /SF/Yr
Price Range
14,320 SF
Avg Space Size

This space is priced 46% below the average of $22.18 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Philadelphia, PA

$19.81 Jul
$22.62 Aug
$21.69 Sep
$22.08 Oct

Properties on Market for Office Units in Philadelphia

Jul
Aug
Sep
Oct

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?
Office unit - Flexible layout includes classrooms, offices, and training space.
Where is this office unit located?
The property is located at 53 E Armat Street 1st Floor Philadelphia, PA.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Approximately 7,953 square feet on the first floor; Classrooms, training room, workroom, records storage, and private offices; Subdividable floor plan supports more targeted space requirements
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