313 S 16th St - Office FOR SALE


Philadelphia, PA 19102- Rittenhouse Square
$1,300,000 USD
215-953-8800
313 S 16th St, Philadelphia, PA for Sale
$1,300,000 USD
Office - FOR SALE
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null | Request Cap Rate

NEW


313 S 16th St
Philadelphia, PA 19102
Rittenhouse Square


HIGHLIGHTS

  • Prime Philadelphia Center City location with unmatched walkability, access to Broad Street Line, and nearby amenities.
  • Spacious, multi-floor layout includes private offices, meeting rooms, waiting area, kitchenette, and restrooms.
  • RM1 zoning allows up to 3 residential units by right, offering redevelopment potential.

OVERVIEW

Welcome to 313 S. 16th Street — an extremely spacious, RM1-zoned, multi-level commercial property currently operating under a variance for office use, located just steps from Rittenhouse Square, Center City, and the Broad Street Line in one of Philadelphia’s most walkable neighborhoods. The entry-level features secure vestibule access with a buzzer system, a welcoming waiting area, a private office, an interior-facing reception window, a large bathroom, a kitchenette/break room, and an additional restroom. The lower level offers a sizable front utility and storage room, with a rear room that can function as an additional office or storage space. The second floor includes a meeting room and library; the third and fifth floors each feature three private offices and a bathroom; the fourth floor offers another meeting room; and the top level contains three more offices. There is also a walkout to a small roof deck area from an upper level. The property holds an active fire alarm certification, and in 2019, the owner commissioned an ADA accessibility study, with conceptual architectural renderings available for review. With its flexible layout, historic charm, and unbeatable access to transit and amenities in a true Walker’s Paradise, this property is ideal for continued professional or medical use, or for residential redevelopment — with three dwelling units permitted by right under RM1 zoning.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,133 SF

ZONING

RM1

APN/PARCEL ID

772706200

ASK ABOUT THIS PROPERTY

Robert WolfRe/Max One RealtyMore Info
215-953-8800

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Robert WolfRe/Max One RealtyMore Info
215-953-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.