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Property profile & analytics
OFF-MARKET
Office Spaces

207 Broad St Philadelphia, PA 19107

6,300 SF 0.09 ac lot Built 1939
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1939
Total area 6,300 SF
Lot 0.09 ac (4,008 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paul Chin-Fan Li Dental Office
  • Dr. Paul Li, DDS (Oral Maxillo-Facial Surgery) Dental Office
  • Over The Road Truck Driver - Paid Training Trucking Company
  • Dr. Nabil A. Abaza, DMD Dental Office
  • Dr. Jean Koka Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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