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Office Building on Major Corridor
For Sale
$4,600,000

23941 N Broad Street, Philadelphia, PA 19107

Office building on Broad Street with flexible zoning, strong traffic presence, and direct access to transit and major highways.

Property SizeContact for details
Days on Market408

Property Features for 23941 N Broad Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: KW Main Line - Narberth
Listed By: Damon C. Michels
Source: Deepcreeklake
Added: Jun 23, 2025 Changed: Jul 10 Last Checked: Aug 4 at 8:56AM

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 KW Main Line - Narberth

Investment Insights

Based on property information with market context.

239 N Broad Street in Philadelphia presents an office building offering a value-add redevelopment or owner-use path. The property is positioned with flexibility for redevelopment under described flexible zoning options, supporting use scenarios such as professional services and medical office needs. It is being marketed as a commercial asset suited to buyers looking for adaptability in how the space can be utilized.

Located on a major commercial corridor, the property is described as being steps from Center City and benefiting from excellent visibility. The public remarks also note strong traffic counts and direct access to public transit, along with proximity to major highways and urban amenities.

From a practical tenant and operator standpoint, the combination of an office-focused asset and the ability to pursue redevelopment makes it a fit for medical office users and professional service providers, as well as investors evaluating a conversion or repositioning strategy. The property’s corridor exposure and transit and highway connectivity can be relevant to teams that prioritize convenient customer access while maintaining an office-oriented footprint.

Key Highlights

  • Office building at 239 N Broad Street in Philadelphia built in 1960
  • Located steps from Center City, on a major commercial corridor
  • Flexible zoning options for redevelopment or owner use

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

26,624
Businesses Nearby

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

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?
Office building - Office building on Broad Street with flexible zoning, strong traffic presence, and direct access to transit and major highways.
Where is this office building located?
The property is located at 23941 N Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Office building at 239 N Broad Street in Philadelphia built in 1960; Located steps from Center City, on a major commercial corridor; Flexible zoning options for redevelopment or owner use
More about this property
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