1602 S Broad Street
Philadelphia, PA, 19145 $ 1,100,000
Bedrooms-- Baths-- Sq 3,833 Monthly Estimate*
$ 6,773
for $1,100,000. This 3,833 square foot building was built in 1915 on a lot size of 0.04.
Philly CRE Advisors proudly presents 1602 S Broad St, a recently rehabbed (2022) mixed-use/multifamily property, exceptionally well-positioned along the Broad Street corridor in South Philadelphias Newbold neighborhood. This location places the property at the crossroads of several of Philadelphias most sought-after residential and commercial districts, making it highly attractive to owner-occupant business owners and investors alike. The property benefits from immediate proximity to some of the citys hottest neighborhoods, including Graduate Hospital, East Passyunk, Point Breeze, Rittenhouse Square, and Center City, all of which continue to experience strong residential demand, commercial growth, and long-term appreciation. Its placement along Broad Street provides direct north/south connectivity, exceptional visibility, and consistent foot and vehicle traffic, an ideal environment for a business owner seeking exposure while maintaining easy access to the citys core. Adding to its strategic advantage, the Broad Street Line subway entrance is located directly in front of the property, offering unmatched transit access to Center City, University City, and beyond. Combined with its recent renovation, stabilized residential income, and proximity to major employment hubs, dining corridors, and retail destinations, 1602 S Broad St is uniquely positioned as a low-maintenance, transit-oriented asset with enduring appeal for both owner users and investors.
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FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession 0-30 Days CD
Zoning RSA5
Construction Materials Masonry
Year Built 1915
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other/General Retail Medical
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name NEWBOLD
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19145 (19145)
Lot Size Units Square Feet
Lot Size Square Feet 1640.00
Tax Annual Amount 8715.0
Price Per Sq Ft Total AG 352.23
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 328
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 3123.00
Lot Dimensions 20.00 x 82.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 124520.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByBhhs Fox & Roach-Center City WalnutBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,773
- Monthly Property Taxes
- $726
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,127,876
Percent of Sale Price 3%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/4/2026 | $1,100,000 | | Listed Price |