Philadelphia, PA Commercial Real Estate for Lease and Sale

Explore 589 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 Contact for availability
Year Built

1983
For Lease Contact for pricing
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1900 Market Street
WeWork
1900 Market Street , Philadelphia, PA
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Ethernet

Free water

Game room

High-speed wifi

IT support

Kitchen

Lounge area

Office supplies

Paper shredding services
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2705 Black Lake Place

2705 Black Lake Place, Byberry, Philadelphia, PA
Property

Industrial

34,342 SF
Availability

1 Space

5,771 SF
Year Built

2000
For Lease Contact for pricing
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The Washington

510-530 Walnut Street, Society Hill, Philadelphia, PA
Property

Office

857,308 SF
Availability

12 Spaces

131,681 SF
Year Built

1930
For Lease

$23.61 - $30.50/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
319 S 10th Street & 334 Lombard Street

319 S 10th Street & 334 Lombard Street, Society Hill, Philadelphia, PA
Property

Multi-Family
For Sale

$8,250,000
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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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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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CityCoho
CityCoho
2401 Walnut Street Suite #102, Philadelphia, PA
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Bike storage

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Privacy booths

TV/Monitor

White boards

Window view
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1500 Spring Garden

1500 Spring Garden Street, Logan Square, Philadelphia, PA
Property

Office

1,111,198 SF
Availability

11 Spaces

313,529 SF
Year Built

1947
For Lease Contact for pricing
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5,000 SF | 1423 McFerran Street | Surface Lot for Lease

1423 McFerran Street, Tioga, Philadelphia, PA
Property

VacantLand
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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3445 Melvale St

3445 Melvale St, Port Richmond, Philadelphia, PA
Property

Industrial

23,135 SF
Availability

3 Spaces

7,850 SF
Year Built

1935
For Lease

$12.00 - $15.00/SF/YR
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Overbrook Water Ice

6727 Lansdowne Avenue, Overbrook, Philadelphia, PA
Property

Other

2,754 SF
For Sale

$650,000
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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

2018
For Lease Contact for pricing
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3701 Chestnut Street | Philadelphia, PA | Creative/Commercial & Retail

3701 Chestnut Street, University City, Philadelphia, PA
Property

Retail

16,200 SF
Availability

1 Space

16,200 SF
For Lease Contact for pricing
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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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2013 Sansom St

2013 Sansom St, Center City West, Philadelphia, PA
Property

Retail

4,017 SF
Availability

1 Space

1,100 SF
Year Built

1900
For Lease

$50.00/SF/YR
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2602 Cottman Avenue

2602 Cottman Avenue, Castor Gardens, Philadelphia, PA
Property

Office

34,796 SF
Availability

1 Space

886 SF
For Lease

$30.00/SF/YR
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4161 Ridge Ave

4161 Ridge Ave, East Falls, Philadelphia, PA
Property

Retail

2,988 SF
Availability

1 Space

1,100 SF
Year Built

1939
For Lease

$1,900.00/MO
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7781 Craig Street

7781 Craig St, Holmesburg, Philadelphia, PA
Property

Other

2,664 SF
Year Built

1950
For Sale

Call For Info
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100 North 20th Street

100 North 20th Street, Logan Square, Philadelphia, PA
Property

Office

92,125 SF
Availability

6 Spaces

44,791 SF
Year Built

1981
For Lease Contact for pricing
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212 Race St Unit 1 C

212 Race St Unit 1 C, Old City, Philadelphia, PA
Property

Retail

1,820 SF
Year Built

1900
For Sale

$595,000
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4348 MAIN ST

4348 MAIN ST , Manayunk, PHILADELPHIA, PA
Property

Retail

5,000 SF
Year Built

1900
For Sale

$995,000
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The Stein Bellet Building

1624 Locust Street, Rittenhouse Square, Philadelphia, PA
Property

Office

49,000 SF
Availability

6 Spaces

41,671 SF
Year Built

1948
For Lease Contact for pricing
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346 W Queen Ln

346 W Queen Ln, Germantown, Philadelphia, PA
Property

Multi-Family

1,410 SF
Year Built

1900
For Sale

$700,000
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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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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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1036 Pine St

1036 Pine St, Washington Square West, Philadelphia, PA
Property

Retail

3,045 SF
Availability

1 Space

700 SF
Year Built

1900
For Lease

$36.00/SF/YR
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Center City Philadelphia Medical Office Condominium

207 N Broad Street, Center City East, Philadelphia, PA
Property

Office

6,300 SF
Availability

1 Space

6,300 SF
Year Built

1939
For Lease

$22.50/SF/YR
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2224 Germantown Avenue

2224 Germantown Avenue, North Philadelphia, Philadelphia, PA
Property

Retail
Availability

1 Space

1,500 SF
Year Built

2022
For Lease

$18.50/SF/YR
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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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The Graham Building

30 South 15th Street, Center City West, Philadelphia, PA
Property

Office

240,634 SF
Availability

2 Spaces

30,134 SF
Year Built

1985
For Lease

$22.00 - $33.50/SF/YR
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One uCity Square

225 North 38th Street, University City, Philadelphia, PA
Property

Unassigned

389,000 SF
Availability

1 Space

15,836 SF
Year Built

2022
For Lease

$62.00 - $75.00/SF/YR
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3600 Market Street

3600 Market Street, University City, Philadelphia, PA
Property

Office

193,622 SF
Availability

2 Spaces

19,477 SF
Year Built

1989
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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Chestnut Street
Regus
325-41 Chestnut Street Suite 800, 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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6,700 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

6,700 SF
Year Built

2024
For Lease Contact for pricing
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1624 Locust Street

1624 Locust Street, Rittenhouse Square, Philadelphia, PA
Property

Retail
Availability

2 Spaces

11,400 SF
For Lease Contact for pricing
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University Place 3.0

4101 Market Street, West Powelton, Philadelphia, PA
Property

Retail

250,000 SF
Availability

1 Space

11,900 SF
Year Built

2022
For Lease Contact for pricing
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135 West Chelten Avenue

135 West Chelten Avenue, Germantown, Philadelphia, PA
Property

Retail

3,840 SF
Year Built

1950
For Sale

$649,000
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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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575 Adams Ave

575 Adams Ave, Lawncrest, Philadelphia, PA
Property

Retail

32,000 SF
Availability Contact for availability
Year Built

2012
For Lease Contact for pricing
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Intelligent Office Philadelphia
Intelligent Office (PA)
1700 Market Street Suite 1005, Philadelphia, PA
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Accessible

Bike storage

Catering

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Projector

Receptionist/Secretarial services
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1625 Ridge Ave

1625 Ridge Ave, Francisville, Philadelphia, PA
Property

Retail

1,223 SF
Availability

1 Space

1,223 SF
Year Built

2016
For Lease Contact for pricing
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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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Probation & Parole Northeast Office

1318 West Clearfield Street, East Tioga, Philadelphia, PA
Property

Office

26,465 SF
Year Built

1935
For Sale

$3,900,000
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University City Multifamily

817 North 42nd Street, Belmont, Philadelphia, PA
Property

Multi-Family

5,389 SF
For Sale

$5,500,000
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4301 Chestnut Street

4301 Chestnut Street, Spruce Hill, Philadelphia, PA
Property

Retail
Availability

2 Spaces

9,924 SF
Year Built

2022
For Lease

$35.00/SF/YR
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3641-47 Lancaster Avenue

3641-47 Lancaster Avenue, Powelton Village, Philadelphia, PA
Property

Retail

10,260 SF
Availability

2 Spaces

2,723 SF
For Lease

$30.00/SF/YR
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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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4,200 SF | 1148 Frankford Ave | Retail/Creative Office Space for Lease

1148 Frankford Ave, Fishtown, Philadelphia, PA
Property

Retail

10,350 SF
Availability

1 Space

4,200 SF
For Lease Contact for pricing
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3759 Main Street

3759 Main Street, Manayunk, Philadelphia, PA
Property

Industrial

8,000 SF
Availability

1 Space

8,000 SF
For Lease

$25.00/SF/YR
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Boulevard Logistics Center Building 2

11601 Roosevelt Blvd., Northeast Philadelphia Airport, Philadelphia, PA
Property

Industrial

465,405 SF
Availability Contact for availability
Year Built

2020
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 1,508,804,244 square feet. The market offers 155 active office listing(s), which amount to 156,877,295 square feet and account for 34% of commercial spaces on the market. Local retail availability includes 693,826,266 square feet across 200 retail space(s). Industrial space for rent opportunities in Philadelphia amount to 656,144,776 square feet across a total of 78 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	155	156,877,295
Retail	200	693,826,266
Industrial	78	656,144,776
Other	17	1,955,907

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 2,063,523 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 28 retail investment opportunity listing(s) , and 29 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	418,346
Retail	28	217,424
Industrial	29	742,644
Other	35	685,109

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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