1315 Wolf Street, Philadelphia, PA 19148
Turnkey medical office layout with exam rooms plus a rented second-floor apartment and exterior egress in the finished basement.
- 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
Listing office PA RealtyWorks LLC (215) 732-5899
Listing date Jun 17, 2026
Source Xome
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.168952
- Latitude
- 39.921919