1248 S BROAD ST, Philadelphia, PA 19146
1248 S BROAD ST, Philadelphia, PA 19146
1248 S BROAD ST, Philadelphia, PA 19146
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C$ 1,200,000
Est. payment | /mo

5,160 SqFt


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C$ 1,200,000
Est. payment | /mo
Save

5,160 SqFt

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,160 sqft

Price per Sqft C$232

Lot Size 2,160 Sqft

MLS Listing ID PAPH2599616

Financing Cash,Conventional

Style Other

Subdivision Point Breeze

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

Exceptional South Broad Street opportunity on a prominent corner lot with strong visibility, scale, and multiple potential paths for repositioning. Located along one of Philadelphia's most recognizable corridors, this property offers investors and developers the chance to transform a highly visible asset in a sought-after urban location.
The ground floor is currently operating as a funeral home and will be decommissioned by the seller in preparation for sale, offering a more straightforward transition for the next owner. The finished basement provides additional functional square footage with high ceilings and plumbed bathrooms. The upper two floors are currently configured as a single residential unit and are leased month to month, with the tenant preparing to vacate in the near future, creating added flexibility for redevelopment or reconfiguration.
The property is served by central air conditioning on the first floor and basement level with window units in the second and third floors. Mechanical systems include an above-ground oil tank fueling an oil furnace for the upper floors and a newer gas-fired furnace servicing the basement and first floor. A newer roof, installed within the last five years, covers approximately three quarters of the structure, excluding the rear section. An abandoned underground oil tank beneath the basement floor has been emptied and capped, and should be further investigated by buyer.
A major value driver is the Wharton Street frontage, where a three-car-wide curb cut, existing two-bay garage door, and loading dock double man door present the likely opportunity to create three-car indoor parking, a rare and meaningful advantage for future residential or mixed-use planning. The property also includes an open deck over the garage and offers sweeping skyline views, including a direct sightline to Billy Penn.
For a buyer with vision, this is a rare chance to acquire a corner asset with strong bones, meaningful square footage, parking potential, and iconic South Broad Street presence.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Rooms

Basement Connecting Stairway, Fully Finished, Heated, Rough Bath Plumb, Space For Rooms

Interior

Hot Water Natural Gas

Cooling Central A/C, Window Unit(s)

Fireplace N

Heat Source Natural Gas, Oil

1-purchase type For Sale

Exterior

Exterior Feature Roof

Garage Garage - Side Entry, Inside Access

Garage Spaces 2

Utilities Available Natural Gas Available

Waterfront N

Water Access N

View City

Accessibility None

Porch Roof

Parking Type Attached Garage, Off Street

Attached Garage 2

Total Parking Spaces 2

Building

New Construction N

Story 3

Lot Dimensions 20.00 x 108.00

Sewer Public Sewer

Water Public

Architectural Style Other

Story 3

Additional Building Above Grade

Schools

School District Philadelphia City

Others

Senior Community No

Pets Description No Pet Restrictions

Tax Amount C$9,028

Tax Year 2025

Tax ID 882922165

Ownership Fee Simple

SqFt Source 5160

Security Features Security System

Acceptable Financing Cash, Conventional

Horse Property N

Special Sale Standard

Pets Allowed Y

Bright MLS (BMLS)
Listed by Meghan Houder • Compass Pennsylvania, LLC
NEARBY SCHOOLS & PROPERTIES
Christian Angle

“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(586) 586-5861

stagesite-5.test@chime.me

557 SE Washington Ave, Minneapolis, MN, 55455, USA

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1248 S BROAD ST