1602 S BROAD STREET Overview
- Time on Site:
- 146 days
- Visits:
- 21
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.
1602 S BROAD STREET Facts & Features
- Type Commercial
- Sq. ft. 3,123
- Price/Sq.ft. $288
- Lot 0.04 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1915
Business Information
- Business Type: Other/General Retail,Medical
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19145 (19145)
- Subdivision Name: NEWBOLD
Parking Information
- Total Parking Spaces: 0
- Type of Parking: On Street
Tax Information
- City/Town Tax: 3834.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 4880.00
- Tax Annual Amount: $8,715.00
- Tax Assessed Value: 622600.00
- Tax Year: 2025
General Information
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: RSA5
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 3123.00
- Central Air: Yes
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Central A/C
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 20.00 x 82.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 1640.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Masonry
General Information
- Number Of Units Total: 3
- Sewer: Public Sewer
- Water Access: No
1602 S BROAD STREET Neighborhood
Community
19145 (PHILADELPHIA) Demographics
1602 S BROAD STREET Monthly Cost
1602 S BROAD STREET Market Data
Based on the last 30 days in this zip code
1602 S BROAD STREET History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: BRIGHT MLS | $899,000 -2.8% |
Philly Home Advisors Listing Agent |
| 6/17/2026Source: BRIGHT MLS | $925,000 -2.6% |
Philly Home Advisors Listing Agent |
| 5/4/2026Source: BRIGHT MLS | $950,000 -4.5% |
Philly Home Advisors Listing Agent |
| 4/2/2026Source: BRIGHT MLS | $995,000 -9.5% |
Philly Home Advisors Listing Agent |
| 2/4/2026Source: BRIGHT MLS | February 04, 2026 |
Philly Home Advisors Listing Agent |
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
Philly Home Advisors Listing Agent |
Contact Information: 2156276005