826 N Broad St 7,399 SF 100% Leased Retail Building Philadelphia, PA 19130 $1,450,000 ($195.97/SF) 7% Cap Rate

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.