826 N Broad St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19130- Avenue Of The Arts Central
$1,500,000 USD
267-528-8813
826 N Broad St, Philadelphia, PA for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | 6.76% Cap Rate

826 N Broad St
Philadelphia, PA 19130
Avenue Of The Arts Central


OVERVIEW

826 N Broad Street presents a rare opportunity to acquire a boutique luxury mixed-use asset in one of Philadelphia’s most prestigious and consistently appreciating zip codes (19130). The property features four high-end residential apartments and a prime ground-floor commercial storefront along North Broad Street, offering diversified income in a highly desirable urban corridor. The residential component includes two expansive bi-level units with private rooftop terraces, providing flexibility for investors seeking an owner-occupant option while offsetting ownership costs through income from the remaining units and commercial space. Notably, single-family homes in this zip code frequently trade above the asking price of the entire building, highlighting the strength of the underlying value. Zoned CMX-4, the property allows short-term rentals by right, a rare advantage in Philadelphia. Two units are currently leased to a professional short-term rental operator under a multi-year lease with built-in rent escalations, delivering stable, predictable cash flow. Additional highlights include a private elevator, an uncommon amenity for a building of this size that enhances tenant appeal and long-term value. This asset is well-suited as a portfolio starter or strategic addition for mid-level investors seeking a low-risk, naturally appreciating investment with multiple exit strategies in a prime location.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

C4

APN/PARCEL ID

871520570

ASK ABOUT THIS PROPERTY

Gene ZlotnikovWalnut Realty GroupMore Info
267-528-8813

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Gene ZlotnikovWalnut Realty GroupMore Info
267-528-8813

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