3,833 sqft

$800,000

1602 S BROAD STREET, PHILADELPHIA PA, 19145

Price per sqft$208.71

Built in1915

Property size3,833 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Oct 7, 2026

Updated 2 days ago

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.

Additional information

MLS^® ID: PAPH2678146

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.04 Acres

Other Property Details

Taxes: $7,779
Tax Frequency: Annually

Listed by SDG Management, LLC
Listing Contact: 9082173922

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/8/2026 at 4:33 AM UTC

Keller Williams Capital Properties