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1602-00 S Broad Street Philadelphia, PA $ 800,000
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1602-00 S Broad Street
$ 800,000
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1602-00 S Broad Street

Philadelphia, PA, 19145
$ 800,000
Bedrooms-- Baths-- Sq 3,833

Monthly Estimate*

$ 5,525

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Commercial Property for sale in Philadelphia, PA

for $800,000. This 3,833 square foot building was built in 1915 on a lot size of 0.04.

Introducing 1602 S Broad Street, a newly renovated mixed-use property featuring two residential units above a ground-floor commercial space, ideally located near Passyunk Square. The approximately 1,000 SF commercial unit is currently zoned for use as a medical office. Unit 2 is an 844 SF, 2-bedroom, 1-bath apartment, while Unit 3 offers approximately 1,200 SF with 2 bedrooms and 2 full bathrooms. All three units are currently vacant and listed for lease, providing flexibility for an investor or qualified owner-occupant. The property can also be delivered occupied should a buyer prefer a stabilized investment. At the $800,000 asking price and based on current listed rents, the property projects a pro forma NOI of $52,086, representing a 6.51% cap rate and a 1.23 DSCR at a 6.5% interest rate. With newly renovated interiors, flexible occupancy options, and a prime South Broad Street location, 1602 S Broad presents an attractive opportunity for both investors and owner-occupants.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 7,779

Style

Medical

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2678146
Features
Interior
Heating Fuel Natural Gas
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Ductless/Mini-Split
Possession Immediate Negotiable
Zoning RSA5
Construction Materials Masonry
Year Built 1915
Property Subtype Mixed Use
Tax Year 2027
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Medical
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Possible Use Medical/Dental
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
MLS Area 19145 (19145)
Lot Size Units Square Feet
Lot Size Square Feet 1640.01
Tax Annual Amount 7779.0
Price Per Sq Ft Total AG 208.71
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 3833.00
Lot Dimensions 20.00 x 82.00
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1602
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* Excluded Features
List By
Sdg Management, Llc

Broker

jay@stammdevelopment.com

Email

Affordability Calculator

$6,174
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$648
Monthly Home Insurance
--
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2026$800,000 Listed Price

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1602-00 S Broad Street, Philadelphia, PA, 19145 is a Commercial Property for sale at $800,000 with 3,833 sqft and a lot size of 0.04. 1602-00 S Broad Street was built in 1915. The property's zip code is 19145 which is in Philadelphia, PA

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