Philadelphia, PA Commercial Real Estate for Lease and Sale

Explore 601 listings of Philadelphia commercial real estate to find the best space for your business.

1760 Market Street

1760 Market Street, Center City West, Philadelphia, PA
Property

Office

126,219 SF
Availability

15 Spaces

71,624 SF
Year Built

1983
For Lease

$25.00/SF/YR
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Center City Investment Opportunity

1221-23 Locust St, Washington Square West, Philadelphia, PA
Property

Retail

14,828 SF
For Sale Contact for pricing
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Two Commerce Square

2001 Market Street, Center City West, Philadelphia, PA
Property

Office

953,276 SF
Availability

13 Spaces

129,524 SF
Year Built

1992
For Lease Contact for pricing
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121 S 13th St

121 S 13th St, Washington Square West, Philadelphia, PA
Property

Office
Availability

3 Spaces

14,776 SF
Year Built

1950
For Lease

$29.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
1,000 SF | 325 Chestnut St | Retail Space in Old City

325 Chestnut St, Old City, Philadelphia, PA
Property

Retail

206,816 SF
Availability

1 Space

1,000 SF
Year Built

1957
For Lease Contact for pricing
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Pyramid Lofts

3101 W. Glenwood Ave, Brewerytown, Philadelphia, PA
Property

Office
Availability

1 Space

3,397 Acre
For Lease

$25.00/Acre/MO
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1880 John F. Kennedy Boulevard

1880 John F. Kennedy Boulevard, Center City West, Philadelphia, PA
Property

Office

236,788 SF
Availability

13 Spaces

65,133 SF
Year Built

1985
For Lease Contact for pricing
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Whitman Plaza

330 West Oregon Avenue, Whitman, Philadelphia, PA
Property

Retail

259,000 SF
Availability

3 Spaces

25,750 SF
Year Built

1960
For Lease Contact for pricing
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1,920 SF | Turn-Key Bar / Restaurant Building with Liquor License for Sale | 1026 Wolf Street

1026 Wolf St, Lower Moyamensing, Philadelphia, PA
Property

Retail

1,920 SF
Year Built

1925
For Sale

Call: 215-300-9688
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2101 Hornig Road

2101 Hornig Road, Byberry, Philadelphia, PA
Property

Industrial

108,800 SF
Availability

1 Space

109,585 SF
Year Built

1987
For Lease Contact for pricing
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1528 Walnut Street

1528 Walnut Street, Rittenhouse Square, Philadelphia, PA
Property

Office

206,303 SF
Availability

15 Spaces

27,123 SF
Year Built

1928
For Lease

$26.50/SF/YR
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2000 Market Street

2000 Market Street, Center City West, Philadelphia, PA
Property

Office

665,649 SF
Availability

3 Spaces

40,701 SF
Year Built

1972
For Lease Contact for pricing
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4313 Tackawanna Street

4313 Tackawanna Street, Frankford, Philadelphia, PA
Property

Industrial

3,633 SF
For Sale

$475,000
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12285 McNulty Road

12285 McNulty Road, Byberry, Philadelphia, PA
Property

Industrial

75,000 SF
Availability

1 Space

11,250 SF
Year Built

1988
For Lease

$12.95/SF/YR
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The Smylie Times Building

2607 Rhawn Street, Lexington, Philadelphia, PA
Property

Office

57,000 SF
Availability

1 Space

4,089 SF
Year Built

1973
For Lease Contact for pricing
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2,700 SF | 4619 Woodland Ave | Turn Key Office/Retail Suite For Lease

4619 Woodland Avenue, Cedar Park, Philadelphia, PA
Property

Office

40,000 SF
Availability

1 Space

2,700 SF
For Lease Contact for pricing
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32 North 3rd Street

32 North 3rd Street, Old City, Philadelphia, PA
Property

Retail
Availability

1 Space

1,760 SF
For Lease Contact for pricing
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2101 Walnut Street

2101 Walnut Street, Center City West, Philadelphia, PA
Property

Retail
Availability

2 Spaces

6,614 Acre
For Lease

$35.00 - $47.50/Acre/YR
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Arnold T. Berman MD Building

219 North Broad Street, Center City East, Philadelphia, PA
Property

Office

79,740 SF
Availability

3 Spaces

17,477 SF
Year Built

1922
For Lease Contact for pricing
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6076-80 Ridge Ave

6076-80 Ridge Ave, Central Roxborough, Philadelphia, PA
Property

Retail

3,766 SF
Year Built

1900
For Sale

$1,550,000
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950 walnut st

950 walnut st, Washington Square West, Allentown, PA
Property

Office

850 SF
Availability Contact for availability

For Lease Contact for pricing
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2,500 SF - 9,000 SF | 3748-52 Lancaster Avenue | Vanilla Box Restaurant Space for Lease

3748-52 Lancaster Avenue, University City, Philadelphia, PA
Property

Retail

9,000 SF
Availability

1 Space

9,000 SF
For Lease Contact for pricing
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1901 Washington Ave

1901 Washington Ave, Southwest Center City, Philadelphia, PA
Property

Retail

10,629 SF
Availability

1 Space

3,029 SF
Year Built

1930
For Lease

$15.00/SF/YR
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One Liberty Place

1650 Market Street, Center City West, Philadelphia, PA
Property

Office

1,200,000 SF
Availability

9 Spaces

135,370 SF
Year Built

1987
For Lease

$38.00 - $52.00/SF/YR
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Cira Centre

2929 Arch Street, University City, Philadelphia, PA
Property

Office

730,187 SF
Availability

7 Spaces

49,723 SF
Year Built

2005
For Lease Contact for pricing
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255 s 17th street philadelphia

255 s 17th street philadelphia, Rittenhouse Square, Philadelphia, PA
Property

Office

96,786 SF
Availability

9 Spaces

13,713 SF
Year Built

1931
For Lease

$26.00/SF/YR
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1,000 SF | 339 N Broad St | Corner Retail Space for Lease

339 N Broad St, Callowhill, Philadelphia, PA
Property

Retail

253,276 SF
Availability

1 Space

1,000 SF
For Lease Contact for pricing
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Logistics/ Distribution Facility

11200 Roosevelt Blvd, Somerton, Philadelphia, PA
Property

Industrial
Availability

1 Space

57,647 SF
For Lease Contact for pricing
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One Commerce Square

2005 Market Street, Center City West, Philadelphia, PA
Property

Office

942,866 SF
Availability

21 Spaces

250,225 SF
Year Built

1986
For Lease Contact for pricing
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Crow Holdings at I-95 | 146,470 SF Class A Logistics Facility

14515 McNulty Rd, Parkwood, Philadelphia, PA
Property

Industrial
Availability

1 Space

146,470 SF
Year Built

2024
For Lease Contact for pricing
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604 South Washington Square

604 South Washington Square, Society Hill, Philadelphia, PA
Property

Retail
Availability

2 Spaces

4,740 SF
For Lease Contact for pricing
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801 Arch Street

801 Arch Street, Chinatown, Philadelphia, PA
Property

Office

177,380 SF
Availability

4 Spaces

11,129 SF
Year Built

1975
For Lease Contact for pricing
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1725 S 25th St

1725 S 25th St, Point Breeze, Philadelphia, PA
Property

Retail

11,536 SF
Availability

1 Space

6,000 SF
Year Built

1925
For Lease

$12.00/SF/YR
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1800 John F Kennedy Boulevard

1800 John F Kennedy Boulevard, Center City West, Philadelphia, PA
Property

Office

236,956 SF
Availability

18 Spaces

59,345 SF
Year Built

1985
For Lease Contact for pricing
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625 West Girard Avenue

625 West Girard Avenue, Ludlow, Philadelphia, PA
Property

Retail
Availability

1 Space

1,760 SF
For Lease

$25.00/SF/YR
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23-25 South 19th Street

23-25 South 19th Street, Center City West, Philadelphia, PA
Property

Multi-Family

5,816 SF
For Sale

$3,250,000
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South Philadelphia Mixed-Use Portfolio

South Philadelphia Mixed-Use Portfolio, Queen Village Pennsport, Philadelphia, PA
Property

Multi-Family

23,290 SF
For Sale

$6,995,000
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2012 Frankford Avenue

2012 Frankford Avenue, East Kensington, Philadelphia, PA
Property

Retail
Availability

1 Space

700 SF
For Lease Contact for pricing
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Spaces Commerce Square
Spaces
2001 Market Street, Philadelphia, PA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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BNY Mellon Center

1735 Market Street, Center City West, Philadelphia, PA
Property

Office

1,286,936 SF
Availability

15 Spaces

140,847 SF
Year Built

1990
For Lease Contact for pricing
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The Arsenal - Buildings 208, 209 & 210

2275 Bridge Street, Frankford Valley, Philadelphia, PA
Property

Industrial

115,764 SF
Availability

6 Spaces

53,539 SF
Year Built

1918
For Lease Contact for pricing
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Frankford Works

4558 Worth Street, Frankford Valley, Philadelphia, PA
Property

Industrial
Availability

2 Spaces

14,935 Acre
For Lease

$15.00/Acre/YR
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4,400 SF | 7601 Germantown Ave | Commercial Building With 3 Units For Sale

7601 Germantown Ave, East Mount Airy, Philadelphia, PA
Property

Office

4,400 SF
Year Built

1950
For Sale

Call: 215-300-9688
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Constitution Place

325 Chestnut Street, Old City, Philadelphia, PA
Property

Office

211,526 SF
Availability

16 Spaces

46,437 SF
Year Built

1960
For Lease Contact for pricing
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2817 Cedar Street

2817 Cedar Street, Port Richmond, Philadelphia, PA
Property

Industrial

14,420 SF
For Sale

$1,500,000
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2112 Walnut Street

2112 Walnut Street, Rittenhouse Square, Philadelphia, PA
Property

Office

13,754 SF
Year Built

1880
For Sale

$2,850,000
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PNC Bank Building

1600 Market Street, Center City West, Philadelphia, PA
Property

Office

760,000 SF
Availability

1 Space

2,631 SF
Year Built

1983
For Lease

$26.00 - $29.00/SF/YR
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2129-35 E Ann St

2129-35 E Ann St, Kensington, Philadelphia, PA
Property

Industrial

5,355 SF
Availability

1 Space

5,000 SF
Year Built

1930
For Lease

$12.00/SF/YR
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2,500 SF | 1350 N. Front St | New Construction Retail Space for Lease

1350 N Front St, Kensington South, Philadelphia, PA
Property

Retail

4,100 SF
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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2,900 SF | 814 N 2nd St | Retail Space in Northern Liberties

814 N 2nd St, Northern Liberties, Philadelphia, PA
Property

Retail

42,000 SF
Availability

1 Space

2,900 SF
For Lease Contact for pricing
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BRI 1866 1515 Market, LP

1515 Market Street Suite 1040, Center City West, Philadelphia, PA
Property

Office

502,217 SF
Availability

29 Spaces

129,939 SF
For Lease Contact for pricing
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3,600 - 24,800 SF | South Philly Flex Space | National & Regional Co-Tenancy

38 Jackson St, Riverfront, Philadelphia, PA
Property

Industrial

76,620 SF
Availability

2 Spaces

28,400 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Philadelphia commercial real estate market incorporates 44,179,259 square feet of office space across 163 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Philadelphia, the coworking segment of the commercial real estate market incorporates about 1,246 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Philadelphia commercial real estate market includes 15,678,200 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Philadelphia market, there is a total of 11,571,861 square feet of industrial property.

The listing inventory in Philadelphia incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Philadelphia is represented by Industrial space, which accounts for 656,180,240 square feet of available listings. Retail space available in Philadelphia adds up to 489,100,226 square feet.

Meanwhile, most of the listings of commercial property for sale in Philadelphia are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Philadelphia is $27.96 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Philadelphia can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $38.14 per square foot, industrial space in Philadelphia saw average rents of $10.54 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Philadelphia, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Philadelphia is in the Center City West neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Center City West area.

Meanwhile, retail space opportunities are most abundant in the Center City West submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Frankford Valley.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $60 per square foot. In particular, the property type commanding the highest lease rates in Philadelphia was Retail space.

Conversely, the highest sale price last year was $44,150,000 that is located at 3615 Chestnut Street.

The average size of a commercial property in Philadelphia depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Philadelphia, the average size of an office property is 302,598 square feet.
Retail properties here incorporate an average of 93,323 square feet.
Industrial space in Philadelphia is in buildings that are, on average 124,429 square feet in size.

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Philadelphia currently add up to 1,303,689,695 square feet. The market offers 139 active office listing(s), which amount to 156,538,391 square feet and account for 32% of commercial spaces on the market. Local retail availability includes 489,091,279 square feet across 199 retail space(s). Industrial space for rent opportunities in Philadelphia amount to 656,070,614 square feet across a total of 75 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	139	156,538,391
Retail	199	489,091,279
Industrial	75	656,070,614
Other	21	1,989,411

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Philadelphia, PA. Currently, there is 2,219,764 square feet of commercial property for sale here , which includes 17 office building(s) for sale , 27 retail investment opportunity listing(s) , and 30 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	17	493,491
Retail	27	208,424
Industrial	30	775,450
Other	41	742,399

Philadelphia, PA Commercial Real Estate Market Overview

Philadelphia is one of the most historic cities in the country, as well as one of the oldest. As such, it’s home to a lot of firsts for the United States, including the first library, hospital, national capital and business school. The city is also incredibly diverse, with more sculptures and murals than any other city in America.

While tourism and trade have been cornerstones for commerce in the city, Philadelphia is also an emerging tech, biotech and life sciences hub. And with high-quality universities in the area, the environment is rife with start-ups and a budding venture capital hub.

Philadelphia, PA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Philadelphia, PA?

What factors affect the price of commercial real estate in Philadelphia, PA?

What is the average rent for commercial space in Philadelphia, PA?

What are the best areas for commercial real estate in Philadelphia, PA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Philadelphia, PA?

Philadelphia, PA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Philadelphia, PA Commercial Real Estate Market Overview

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