1648 S 16Th Street Philadelphia, PA ^$ 829,000

1648 S 16Th Street

^$ 829,000

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1648 S 16Th Street

Philadelphia, PA, 19145

^$ 829,000

Bedrooms-- Baths-- Sq 2,976

Monthly Estimate*

^$ 5,726

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Commercial Property for sale in Philadelphia, PA

for $829,000. This 2,976 square foot building was built in 1915 on a lot size of 0.02.

Beautifully Maintained, Fully Occupied, Triplex with C-1 Commercial Space on 1st-Floor. The first floor is currently operated as a yoga studio. Previous uses were daycare centers operated by different operators. Petitioning for a C-2 variance providing for a coffee house or takeout foodery would yield a highly profitable business opportunity in this neighborhood location. The second and third floors feature beautifully appointed 2 bedroom/1 bathroom apartments with in-unit laundry, separate utilities, and strong rental histories. Located on two transit lines, brings excellent visibility to this property, both for commercial businesses as well as renters. Strong potential for rental increases will bring increased valuation in the years to come. BONUS: Tax Abatement runs through 2030

Commercial Active

Price

^$ 829,000

Property Type

Commercial

Taxes

^$ 4,762

Style

Flex

Lot Size

0.02

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2668678

Features

Interior

Heating Fuel Electric

Hot Water Electric

Total Stories 3

Heating Y/N Y

Central Air Y/N Y

Total Restrooms 1

General

Sewer Public Sewer

Heating Forced Air Heat Pump(s)

Cooling Central A/C

Possession Immediate Negotiable

Zoning CMX1

Construction Materials Masonry

Year Built 1915

Property Subtype Mixed Use

Tax Year 2026

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Flex

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Possible Use Apartments Barber/Beauty Commercial Convenience Store Day Care Dry Cleaner Flex Space Florist/Nursery Laundromat Office Mixed Use

Water Access Y/N N

Status ACTIVE

Directions 16th and Morris Street

City PHILADELPHIA

Number Of Units Total 3

MLS Area 19145 (19145)

Lot Size Units Square Feet

Lot Size Square Feet 992.00

Tax Annual Amount 4762.0

Price Per Sq Ft Total AG 278.56

Vacation Rental Y/N N

Virtual Tour https://vimeo.com/1225298108?share=copy&fl=sv&fe=ci

Location Type Corner Lot/Unit

Standard Status Active

Year Built Source Assessor

Tax Lot 96

Exterior

Parking Features Public Unassigned

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 2976.00

Lot Size Acres 0.02

Lot Size Source Assessor

Waterfront Y/N N

Road Responsibility City/County

Land Assessed Value 113600.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1648

* Excluded Features

List By

Compass Pennsylvania, Llc

Broker

john@myphillynest.com

Affordability Calculator

$6,123

Per Month

Monthly Principal & Interest: $5,726
Monthly Property Taxes: $397
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,155,644

Percent of Sale Price 39%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/10/2026	$829,000		Listed Price

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1648 S 16Th Street, Philadelphia, PA, 19145 is a Commercial Property for sale at $829,000 with 2,976 sqft and a lot size of 0.02. 1648 S 16Th Street was built in 1915. The property's zip code is 19145 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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1648 S 16Th Street

Commercial Property for sale in Philadelphia, PA

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