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Renovated Medical Office Suite
For Lease
$2,000/Mo

1602 S BROAD STREET Unit 1, Philadelphia, PA 19145

Renovated suite offers reception, waiting, office, bathroom, and multiple private rooms for clinical use.

Space SizeContact for details
Days on Market367

Property Features for 1602 S BROAD STREET Unit 1

General Information

Standard status Active
Property subtype Office

Space & Availability

Space Use Medical Office
Condition Turnkey

Additional Details

Public Transit Yes

Building Details

Year Built 1915
Listing Agency: BHHS Fox & Roach-Center City Walnut
Listed By: ERIC Andrew Dvotsky · License #rs332410
Source: Patmckennarealtors
Added: Sep 3, 2025 Changed: Aug 28 Last Checked: Sep 1 at 11:04PM

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 BHHS Fox & Roach-Center City Walnut

Investment Insights

Based on property information with market context.

This renovated medical office suite provides a practical layout for patient-facing operations. The space includes a reception area, waiting room, office, bathroom, and six individual rooms that can serve as patient rooms. Large windows bring natural light into the suite and face Broad Street. The unit measures over 1,000 SQFT.

The property is positioned on S Broad Street in Philadelphia, with access to major roads and public transportation. Methodist Hospital is nearby, adding a healthcare-oriented reference point for the location. Built in 1915, the building now accommodates a contemporary medical office configuration.

Key Highlights

  • Over 1,000 SQFT medical office unit
  • Six individual rooms suitable for patient rooms
  • Reception area, waiting room, office, and bathroom

Property Analytics

Current Use

NEW YANZI spa Spa & Massage Center Ackerman Bruce I ... Physician

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19145, PA

47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$25.83 /SF/Yr
Avg Asking Price
$18–$42.51 /SF/Yr
Price Range
17,479 SF
Avg Space Size

Vacancy Rate% for Office in Philadelphia, PA

14.2% 2019
14.1% 2020
16.2% 2021
19% 2022
20.5% 2023
19.6% 2024
19.7% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated suite offers reception, waiting, office, bathroom, and multiple private rooms for clinical use.
Where is this medical office space located?
The property is located at 1602 S BROAD STREET Unit 1 Philadelphia, PA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Over 1,000 SQFT medical office unit; Six individual rooms suitable for patient rooms; Reception area, waiting room, office, and bathroom
More about this property
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