231 Broad St Philadelphia, PA 19107-5303
- Turn key restaurants
- 5,200 SF
- 0.06 lot acres
Current Use by Public Records
- Dr. Amitabha Mitra, MD / Plastic Surgeon
- Dr. Susan E. Tarry, MD / Urologist
- Dr. Arpita Mukherjee, MD / Doctor
- Huppert Arthur S MD / Rheumatologist
- Lyons Chvala Nephrology Associates / Nephrologist
Property Details for 231 Broad St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.06 lot acres
- Property size
- 5,200 SF
- Zone code
- CMX5
- Property type
- Turn key restaurants
- APN
- 88-2-3872-00
- APU
- 882387200
Description
This 15,000 square foot, three-story medical office building at 231 N. Broad Street in Philadelphia County offers a unique opportunity. Built in 1917, the property is ideally situated on a major artery in Center City, providing convenient access to a covered parking garage. Currently configured as a multi-tenant building with one suite, 5,000 square feet of space is immediately available. The building offers efficient layouts, with the potential to lease the entire space or individual floors. Each floor provides patient-friendly features including direct elevator access and clear wayfinding from the ground floor lobby. The location benefits from proximity to prestigious medical facilities such as Pennsylvania Hospital, Jefferson University Hospital, Magee Rehabilitation Hospital, and Drexel University College of Medicine. Furthermore, its central location places it within easy reach of City Hall, the Pennsylvania Convention Center, and Reading Terminal Market. Excellent public transportation access is available via SEPTA bus routes, subway lines, trolley lines, Regional Rail lines, and PATCO. Build-to-suit options may be available to meet specific tenant needs. This property presents a compelling investment opportunity in a thriving, densely populated area experiencing significant population growth. The building's central location and proximity to major medical institutions make it an ideal location for medical practices seeking a high-profile presence in Philadelphia's Center City.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $325,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $473,000
Market price range: $256k - $473k
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1641
- Latitude
- 39.9482
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA