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    313 S 16Th St Philadelphia, PA 19102

    For Sale
    $1,300,000

    Commercial Sale - PHILADELPHIA, PA

    Type:Office
    Lot size:
    0.03 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 313 S 16Th St

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Electric (Heating), Hot Water(Heating), Baseboard
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1920
    Number of units
    1
    Building materials
    Masonry

    Re/Max Eastern, Inc. (215) 953-8800 [email protected]

    Listing agent Robert J Wolf (215) 694-9728 License #AB065938

    Listing date Dec 2, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Commercial Property Near Rittenhouse

    Located steps from Rittenhouse Square, Center City, and the Broad Street Line in Philadelphia, the multi-level commercial property at 313 S. 16th Street is zoned RM1 and currently operates under a variance for office use. The entry-level features secure vestibule access with a buzzer system, a waiting area, a private office, an interior-facing reception window, a large bathroom, and a kitchenette/break room, plus an additional restroom. The lower level includes a front utility and storage room, with a rear room suitable for an additional office or storage. The second floor offers a meeting room and library. The third and fifth floors each feature three private offices and a bathroom, while the fourth floor provides another meeting room. The top level contains three more offices, and there is walkout access to a small roof deck area from an upper level. The property has an active fire alarm certification. An ADA accessibility study was commissioned in 2019, and conceptual architectural renderings are available. The property is suitable for continued professional or medical use, or for residential redevelopment, with three dwelling units permitted by right under RM1 zoning. The location provides access to transit and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yeva Ventura, LPC Psychotherapist Josh Zlatkus Counselor Nisenfeld Steven S Social Worker Lisa Correale Social Worker Carole Nehez Social Worker

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.16794586
    Latitude
    39.94691849

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    FAQs

    What type of property is this?
    Office building - Multi-level commercial property near Rittenhouse Square, Philadelphia.
    Where is this office building located?
    The property is located at 313 S 16Th St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime Location: Steps from Rittenhouse Square, Center City, and the Broad Street Line in a highly walkable neighborhood.; - Flexible RM1 Zoning: Suitable for continued commercial use or residential redevelopment (three dwelling units permitted by right).; - Spacious Multi-Level Layout: Features multiple private offices, meeting rooms, bathrooms, and storage space across several floors.
    (215) 694-9728
    Request Owner's contact information
    313 S 16Th St Philadelphia, PA 19102
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    Philadelphia, PA 19102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 S 16Th St Philadelphia, PA 19102
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