Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    231 Broad St Philadelphia, PA 19107-5303
    Back to Search
    Property profile & analytics

    231 Broad St Philadelphia, PA 19107-5303


    • Turn key restaurants
    • 5,200 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US73-1794269
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Amitabha Mitra, MD / Physician / Medical Clinic
    • Dr. Susan E. Tarry, MD / Physician / Medical Clinic
    • Dr. Arpita Mukherjee, MD / Physician
    • Huppert Arthur S MD / Physician
    • Lyons Chvala Nephrology Associates / Physician / Medical Clinic

    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

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,440
    $537,973
    $1,422,327
    $1,960,300
    -
    $537,973
    $1,422,327
    $1,960,300
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message