1412 S BROAD STREET, PHILADELPHIA, PA 19146 - PenFed Realty Mid-Atlantic

$1,250,000

This stunning two-story space with CMX-2 zoning and dual street frontage in the heart of South Philadelphia was originally opened in 1914 as the Southern Theatre, a neighborhood movie venue showing films through the 1950's, when it was converted to office/meeting space. Most recently used as office-maker space by a… Read More textile business, the property is now fully available for immediate use or repositioning. The building was renovated by the current ownership in 2012, including the installation of custom, wide plank hardwood floors and windows throughout the spacious second floor, seamlessly integrating modern features with historic charm. The property 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. Now available below replacement cost for the right business or investor. 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, light industrial operations or residential units. With $20+ PSF in market rate rent being achieved in surrounding properties, the property could be an excellent commercial investment property or allow an owner user to use one floor and lease out the other. 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. 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. Read Less

Courtesy of Michael D Phillips, Compass Pennsylvania, LLC 267-435-8015

Listing Snapshot

Days Online

262

Last Updated

Apr 2, 2026

Property Type

Other

Square Ft.

7,916

Lot Size

0.13 Acres

Year Built

1925

MLS Number

PAPH2512458

Additional Details

Appliances & Equipment

Other equipment: Negotiable

Building

Built in 1925, Built in 2012 (effective), 2 stories, Entry level: 1, Construction Materials: Brick, Concrete

Doors

Double Entry

Accessibility Features

None

Floors

Hardwood

Lot

0.13 acres, Dimensions: 32.00 x 178.00

Parking

Private

Property

Very Good

Sewer

Public Sewer

Taxes

Annual Amount: $15,126, Lot: 8, Year: 2026, Zoning: CMX2, Zoning description: Commercial Mixed Use - Commercial with residential units above allowed

Utilities

Water Source: Public

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1412 S BROAD STREET

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