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Listed by Rob Wolf • Re/Max One Realty
Bought with Marco A Di Gabriele • KW Empower

$ 900,000

$ 999,999 10.0%

Est. payment | -/mo

1,134 Sqft Lot

$ 900,000

$ 999,999 10.0%

Est. payment | -/mo

1,134 Sqft Lot

Key Details

Sold Price $900,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Rittenhouse Square

MLS Listing ID PAPH2547426

Sold Date 06/04/26

Year Built 1920

Annual Tax Amount $11,092

Tax Year 2025

Lot Size 1,134 Sqft

Acres 0.03

Lot Dimensions 18.00 x 63.00

Property Sub-Type Office

Source BRIGHT

Property Description

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. Financing Incentive Available: Qualified dentists, doctors, attorneys, and other professionals may be eligible for a 15% down conventional owner-occupied loan program with an interest rate of around 6%. Contact the listing agent for details.

Location

State PA

County Philadelphia

Area 19102 (19102)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Baseboard - Electric, Hot Water

Cooling Window Unit(s), Central A/C

Flooring Hardwood, Carpet, Luxury Vinyl Plank

Heat Source Natural Gas, Electric

Exterior

Utilities Available Electric Available, Phone, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 772706200

Ownership Fee Simple

Security Features Fire Detection System

Acceptable Financing Cash, Conventional, Private, Other, Bank Portfolio

Listing Terms Cash, Conventional, Private, Other, Bank Portfolio

Financing Cash,Conventional,Private,Other,Bank Portfolio

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 348-7296

josue@carlospichardo.com

313 S 16TH ST Philadelphia, PA 19102

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Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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313 S 16TH ST