• 1 Units
• Unknown Sq Ft
• 5,696 Sq Ft
• Unknown Cap Rate

Description

A rare opportunity to own a 7,916 SF two-story flex/office building with CMX-2 zoning and dual street frontage in the heart of South Philadelphia. With direct access from Broad Street to Carlisle Street, this property offers excellent visibility, off-street parking, and a flexible interior layout ideal for owner-users, creative office, medical, wellness center, showroom, or light industrial operations. With $20-25 PSF in market rate rent depending on upgrades, the property could be an excellent commercial investment property or allow an owner user to use one floor and lease out the other. The current textile operation will vacate upon sale, making the property fully available for immediate use or repositioning. Strategically located just two blocks from the Ellsworth-Federal SEPTA Station on the Broad Street Line, 1412 S Broad Street sits within a dense urban corridor with over 113,000 residents in a one-mile radius and an average household income of over $117,000 within a half-mile. Surrounded by strong retail anchors such as Target, Sprouts, PetSmart, Starbucks, and Giant, this property benefits from both high vehicle (21,000+/day) and pedestrian traffic. The new One Thousand One development just blocks away adds thousands of residents living within walking distance of the property, on top of the existing recent influx from developments like Lincoln Square and the Armory. Buyers should note that the building offers block-to-block access, 14-foot ceilings, two rear off-street parking spaces, and prominent signage potential. The zoning allows for flexible mixed-use commercial possibilities. Don’t miss this chance to acquire a versatile South Philly asset with strong underlying land value, long-term upside, and immediate owner-user potential. Contact the listing agents to schedule a private tour or request more detailed financials and zoning insights. See attached VIDEO for more on this unique building's history.