Renovated Historic Office
For Sale
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1700-1702 Race St, Philadelphia, PA 19103
Completely renovated 2023 office building with new HVAC, electrical systems, and a modern fire alarm system.
Property Size16,400 SF
Days on Market157
Property Features for 1700-1702 Race St
General Information
Standard status
Active
Size
16,400 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Center City
Building Details
Year Renovated
2023
Listing Agency:
Newmark | Philadelphia
(215) 561-8300
Listed By:
James P. Mullarkey
(215) 864-0600
Source:
Moodyscre
Added: May 27
Changed: Oct 25
Last Checked: Oct 28 at 11:33AM
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 Newmark | Philadelphia
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Investment Insights
Based on property information with market context.
1700–1702 Race St is an office building that underwent a comprehensive renovation completed in 2023. The renovation preserved the building’s historical integrity while modernizing core infrastructure.
Improvements include installation of a new HVAC system and advanced electrical systems designed to maximize energy efficiency and support tenant comfort. The property also features a state-of-the-art fire alarm system built to meet current safety standards.
The offering includes a fully updated infrastructure package, making the building well suited for occupancies that require modern building systems within a historically preserved office setting.
Improvements include installation of a new HVAC system and advanced electrical systems designed to maximize energy efficiency and support tenant comfort. The property also features a state-of-the-art fire alarm system built to meet current safety standards.
The offering includes a fully updated infrastructure package, making the building well suited for occupancies that require modern building systems within a historically preserved office setting.
Key Highlights
- Comprehensive renovation completed in 2023, modernizing infrastructure while preserving the building’s historical integrity
- New HVAC system installed as part of the 2023 renovation
- Advanced electrical systems installed to support improved energy efficiency and tenant comfort
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
18,010
Businesses Nearby
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Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Office building - Completely renovated 2023 office building with new HVAC, electrical systems, and a modern fire alarm system.
Where is this office building located?
The property is located at 1700-1702 Race St Philadelphia, PA.
What are key features of this property?
This property features: Comprehensive renovation completed in 2023, modernizing infrastructure while preserving the building’s historical integrity; New HVAC system installed as part of the 2023 renovation; Advanced electrical systems installed to support improved energy efficiency and tenant comfort
