207 Broad St Philadelphia, PA 19107
This exceptional investment opportunity presents a vacant, fee-simple medical office condo in Philadelphia's vibrant Center City. Located at 207 N Broad St, this 6,300 square foot, two-story suite is situated in a Class B building constructed in 1939. The property boasts a convenient first-floor location, offering high visibility and accessibility. Zoned CMX-4, this versatile space allows for a wide range of commercial and retail uses, in addition to its current medical setup. The building features an elevator and is conveniently located near public transportation, offering easy access for patients and staff. Adjacent public parking provides ample off-street parking options. This turn-key medical office is ideally positioned between Race Street and the Vine Street Expressway, with close proximity to City Hall, the Convention Center, and Reading Terminal Market. The 0.092-acre lot offers a prime location in a thriving, amenity-rich neighborhood. The asking price is $1,200,000, translating to $190.48 per square foot. The building's total gross area is 30,380 square feet. This property represents a rare opportunity to acquire a well-located, versatile commercial space in the heart of Philadelphia. The property's APN is 883023600.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.