1602 S BROAD ST, Philadelphia, PA 19145
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1602 S BROAD ST, Philadelphia, PA 19145
1602 S BROAD ST, Philadelphia, PA 19145
1602 S BROAD ST, Philadelphia, PA 19145
1602 S BROAD ST, Philadelphia, PA 19145
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Anita Mohamed

Anita Mohamed

+1(347) 903-3025
$ 950,000
Est. payment /mo
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Price Dropped by $45K

1602 S BROAD ST Philadelphia, PA 19145

1,640 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Lot Size 1,640 Sqft

MLS Listing ID PAPH2580650

Subdivision Newbold

Total Units 3

Short Sale No

Originating MLS BRIGHT

Property Description

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 Philadelphia's Newbold neighborhood. This location places the property at the crossroads of several of Philadelphia's 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 city's 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 city's 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.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Building

New Construction N

Lot Dimensions 20.00 x 82.00

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax Amount $8,715

Tax Year 2025

Tax ID 871169750

Ownership Fee Simple

Special Sale Standard

Bright MLS (BMLS)
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Listed by ERIC Dvotsky • BHHS Fox & Roach-Center City Walnut
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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1602 S BROAD ST