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    Turnkey Medical Office with Apartment Title is generated by Realmo AI

    1315 Wolf Street, Philadelphia, PA 19148

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    For Sale
    $499,000

    Turnkey medical office layout with exam rooms plus a rented second-floor apartment and exterior egress in the finished basement.

    Type:Office
    Property size:
    2,366 SF
    Price / SF:
    $210/SF
    Added:
    Jun 17, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 24 at 2:46 am

    Property Features for 1315 Wolf Street

    General Information

    Standard status
    Active
    Size
    2,366 SF
    Property subtype
    Office

    Building Details

    Year Built
    1925

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    Donna DeStefano

    Listing office PA RealtyWorks LLC

    Listing date Jun 17, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of PA RealtyWorks LLC

    HighLights

    • Two adjoining commercial‑use buildings at 1313–1315 Wolf Street with separate deeds and interior connectivity, built for medical/healthcare uses
    • First floor medical office includes waiting room, reception, hall workstation, 2 bathrooms, 3 exam rooms, and an office
    • Finished basement features a kitchenette, seating area, storage room, mechanicals, and Bilco‑style exterior egress
    • Second‑floor 2‑bedroom, 1.5‑bath apartment with hardwood floors, open living room, recessed lighting, granite counters, stainless appliances, and in‑unit laundry
    • Apartment has a rear deck with private entrance and is currently rented
    • Built in 1925; central air; hardwood and ceramic tile; asphalt roof; on‑street parking; RSA5 zoning; lot dimensions 15.00 x 68.00

    Overview

    This turnkey property is configured for medical use with practical patient-flow features throughout. The first floor includes a waiting room, reception area, a hall workstation, two bathrooms, three exam rooms, and an office. A finished basement adds a kitchenette, seating area, storage room, mechanicals, and Bilco-style exterior egress. The second floor is a two-bedroom, 1.5-bath apartment with hardwood flooring, an open living room, recessed lighting, granite counters, stainless steel appliances, in-unit laundry, and a rear deck accessed by a private entrance.

    The buildings are described as two adjoining commercial-use properties at 1313–1315 Wolf Street, available together or individually. Each has separate deeds and entrances, with interior connectivity between the buildings. The medical office construction is positioned next to Jefferson Methodist Hospital, with convenient access to public transportation, PHL Airport, and major arteries.

    For medical practices and healthcare operators, the configuration supports multi-suite use and a workflow centered on exam rooms and dedicated staff/administrative space. The custom-built cabinetry throughout supports charting and patient flow. The second-floor apartment is currently rented, providing an additional income component alongside medical-anchored operations, including urgent care, podiatry, dental, cosmetic, therapy, multispecialty, and administrative healthcare uses as described.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $71.8k $30.36
    − Vacancy −$4.2k −$1.76
    EGI $67.7k $28.60
    − OpEx −$30.4k −$12.87
    NOI $37.2k $15.73
    2,366 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $531.7K
    $465.2K – $620.3K (±1% cap)
    NOI $37,216 @ 7.0% cap · market cap 7.46%
    Second Best
    Office B
    $444.8K
    $389.2K – $518.9K (±1% cap)
    NOI $31,135 @ 7.0% cap · market cap 6.24%
    Theoretical Best
    Multifamily LT 5
    $576.8K
    $504.7K – $672.9K (±1% cap)
    NOI $40,376 @ 7.0% cap · market cap 8.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Professional Aesthetics & Wellness ... Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.168952
    Latitude
    39.921919

    FAQs

    What type of property is this?
    Medical center - Turnkey medical office layout with exam rooms plus a rented second-floor apartment and exterior egress in the finished basement.
    Where is this medical center located?
    The property is located at 1315 Wolf Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Two adjoining commercial‑use buildings at 1313–1315 Wolf Street with separate deeds and interior connectivity, built for medical/healthcare uses; First floor medical office includes waiting room, reception, hall workstation, 2 bathrooms, 3 exam rooms, and an office; Finished basement features a kitchenette, seating area, storage room, mechanicals, and Bilco‑style exterior egress
    More about this property
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