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Patrick Gorman

patrick.gorman@gormangrouprealtors.com +1(856) 200-8320

Listed by Michael D Phillips • Compass Pennsylvania, LLC

$ 1,575,000

Est. payment -/mo

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1412 S BROAD ST Philadelphia, PA 19146

7,916 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,916 sqft

Price per Sqft $198

MLS Listing ID PAPH2512458

Year Built 1925

Annual Tax Amount $15,126

Tax Year 2024

Lot Size 5,696 Sqft

Acres 0.13

Lot Dimensions 32.00 x 178.00

Property Sub-Type Retail

Source BRIGHT

Property Description

A rare opportunity to own a 7,916 SF two-story flex/office building with CMX-2 zoning and dual street frontage in the heart of South Philadelphia. With direct access from Broad Street to Carlisle Street, this property offers excellent visibility, off-street parking, and a flexible interior layout ideal for owner-users, creative office, medical, wellness center, showroom, or light industrial operations. With $20-25 PSF in market rate rent depending on upgrades, the property could be an excellent commercial investment property or allow an owner user to use one floor and lease out the other. The current textile operation will vacate upon sale, making the property fully available for immediate use or repositioning. Strategically located just two blocks from the Ellsworth-Federal SEPTA Station on the Broad Street Line, 1412 S Broad Street sits within a dense urban corridor with over 113,000 residents in a one-mile radius and an average household income of over $117,000 within a half-mile. Surrounded by strong retail anchors such as Target, Sprouts, PetSmart, Starbucks, and Giant, this property benefits from both high vehicle (21,000+/day) and pedestrian traffic. The new One Thousand One development just blocks away adds thousands of residents living within walking distance of the property, on top of the existing recent influx from developments like Lincoln Square and the Armory. Buyers should note that the building offers block-to-block access, 14-foot ceilings, two rear off-street parking spaces, and prominent signage potential. The zoning allows for flexible mixed-use commercial possibilities. Don't miss this chance to acquire a versatile South Philly asset with strong underlying land value, long-term upside, and immediate owner-user potential. Contact the listing agents to schedule a private tour or request more detailed financials and zoning insights.

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Interior

Hot Water Other

Heating Other

Cooling Other

Flooring Hardwood

Equipment Negotiable, See Remarks

Heat Source Other

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882051625

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Patrick Gorman

Team Leader - Licensed Agent in NJ/PA | License ID: NJ- 0340986 PA - RS375085

+1(856) 200-8320 | patrick.gorman@gormangrouprealtors.com

Patrick Gorman

1412 S BROAD ST Philadelphia, PA 19146

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1412 S BROAD ST