Mixed-Use Building with Office and
215 CHURCH Street Philadelphia, PA 19106
For Sale
$2,500,000
Commercial Sale - PHILADELPHIA, PA
Property Size6,520 SF
Price / SF$383.44
Days on Market123
Property Features for 215 CHURCH Street
General Information
- Property type
- Other
- Property subtype
- Office
- Standard status
- Active
- Size
- 6,520 SF
Taxes and HOA fees
- Tax Annual Amount
- 18532
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1850
- Number of units
- 2
- Building materials
- Masonry, Brick, Stucco, Stone
Listing Agency:
Mallin Panchelli Nadel Realty Inc
(215) 413-4900
Listed By:
Nadia T Bilynsky · License #RS311101
(215) 413-4900
Added: Mar 25
Changed: Jun 9
Last Checked: Jul 25 at 8:06PM
MLS# PAPH2599274
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
215 Church St. is a mixed-use building comprising 6,520 +/- SF over four floors, along with a usable lower level. The first three floors plus the lower level have been occupied by Quirk Books for more than 10 years and are currently configured as office space. That setup can work for a single tenant or be reconfigured for separate leasing.
The 4th floor is a fully renovated one-bedroom, one-bath apartment. The property is offered for sale as an Old City address and includes both income-producing residential space and dedicated office space under one roof.
For owner-occupants or business users, the building offers on-site office space that can support a single tenant operation or multiple office configurations, alongside the added option of incorporating the residential unit into your overall use. Investors may also consider the combination of office-level flexibility with a renovated apartment in the same building.
The 4th floor is a fully renovated one-bedroom, one-bath apartment. The property is offered for sale as an Old City address and includes both income-producing residential space and dedicated office space under one roof.
For owner-occupants or business users, the building offers on-site office space that can support a single tenant operation or multiple office configurations, alongside the added option of incorporating the residential unit into your overall use. Investors may also consider the combination of office-level flexibility with a renovated apartment in the same building.
Key Highlights
- Mixed‑use building in the heart of Old City.
- 6,520 +/- SF over 4 floors plus a usable lower level.
- The fourth floor is a fully renovated 1 bedroom/1 bath apartment.
Financial Insights For Office B
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 | $143.2k | $21.96 |
| − Vacancy | −$28.8k | −$4.41 |
| EGI | $114.4k | $17.55 |
| − OpEx | −$28.6k | −$4.39 |
| NOI | $85.8k | $13.16 |
6,520 SF · lease $21.96/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.07M – $1.43M
NOI $85,800 @ 7.0% cap · market cap 3.43%
Second Best
Mixed Use
$1.11M
$968.2K – $1.29M
NOI $77,458 @ 7.0% cap · market cap 3.10%
Theoretical Best
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,263 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Diane E. Goldthorp, ...
Medical Clinic
Susan Smyth, PTA
Physician
Quirk Productions
Publishing House
Melissa S. Miller, ...
Medical Clinic
Lauren Triana
Physician
FAQs
What type of property is this?
Mixed-use property - Four-floor mixed-use building with long-term office use and a renovated one-bedroom apartment.
Where is this mixed-use property located?
The property is located at 215 CHURCH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Mixed‑use building in the heart of Old City.; 6,520 +/- SF over 4 floors plus a usable lower level.; The fourth floor is a fully renovated 1 bedroom/1 bath apartment.
