Mixed-Use
Lits Building, The
Lits Building, The is a 150,000 SF Mixed-Use at 701 Market Street, Philadelphia, PA, USA, owned by Metro Commercial, with 3 tenants including Five Below, Citizens Bank, and Dunkin' Donuts. In the last 24 months it recorded 0 openings and 0 closings. The 10-minute drive-time population is 165,656 with a median household income of $91,244, according to Brandmarch.
No change since Q4 2024
Steady tenants · 0 opens, 0 closes
About Lits Building, The
The Lits Building is an iconic 150,000 SF mixed-use property located at 701 Market Street in Philadelphia's historic district, anchoring the Market East area near Independence Mall. Originally built beginning in 1893 as the Lit Brothers department store and expanded through 1907, the building was acquired and underwent certified historic rehabilitation in 1985, completed in 1988 while preserving its distinctive cast-iron façade. The property combines retail and office space with 24/7 building access and remains a recognized landmark that received the National Preservation Honor Award from the National Trust for Historic Preservation in 1989.
Owners
Metro Commercial
Demographics
Property Report
A ready-to-share PDF covering the market and similar centers nearby, trade area demographics and segments, key tenants and brand mix, recent openings and closings with nearby activity, and leasing contacts. Add a comparison to include a page against a brand or another property.
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News
Tenant Mix by Category
3 brands across 3 categories
