320 Race St #1,PHILADELPHIA, PA 19106
PHILADELPHIA, PA 19106
Description
Discover the potential of this versatile commercial space, featuring a distinctive two-level design enriched with stunning historic architectural elements, perfectly situated in Old City. With zoning that accommodates residential, commercial, or mixed-use purposes, this unit is an exceptional opportunity for business owners, residential homebuyers, and investors seeking a unique investment in a prime location.A private street-level entrance ushers you inside the 1,732-square-foot space filled with soaring 12-foot-tall original beamed ceilings, swaths of beautiful brick, hardwood floors, designer lighting, and bright northern and western exposures. Expansive arched windows replaced in 2019 flood this upper level with sunlight and views over the quaint adjacent alley and gardens. Previously used as an art gallery and event space, the massive 437-square-foot front room is perfect as a commercial business or vast living room, with plenty of space to add additional bedrooms with the appropriate approvals. The rear of this floor includes a bedroom and beautiful full bathroom decorated with transom windows to let sunlight wander throughout. Head down to the open staircase to discover a lovely kitchen with sleek cabinetry, butcher-block countertops and stainless steel appliances, including a gas range and dishwasher. This windowed full-height level offers expansive sun-kissed rooms for seating, home office and storage use alongside another full bathroom. A laundry room and central HVAC add comfort and convenience to this unique space that was thoroughly updated in 2006. Built in the 1890s, this registered historic building housed a number of industrial firms over the years, including a cast-iron manufacturer, a cigar company, and Saxe Paper Company whose faded name is visible on the brick façade along Orianna Street. In 2002, the beautiful five-story building was converted into a self-managed, five-unit condominium with low HOA fees. Located on a pristine tree-lined street in the heart of Old City, this special home is just inches from glorious outdoor space, including gardens, playgrounds and historic national monuments. Enjoy easy access to fantastic Center City shopping, dining and nightlife. There’s a parking garage just two doors away, and multiple bus lines, PATCO and SEPTA stations, and the Delaware Expressway put the rest of the city within easy reach.
Details
| MLS # | PAPH2492788 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 9 |
| Listing Provided By | Compass Pennsylvania, LLC | Jordan B Wiener |
Features
| Story(s) | 5 |
|---|---|
| Units | 5 |
| Zoning | CMX3 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 7488 |
| Tax Lot | 364 |
Market Activity 19106
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19106 |
| Area | 19106 (19106) |
| Community Name | OLD CITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLD CITY) | |
Price: $595,000 low | high Med: $3,298 On site: 9 low | high Med: 16.500000 | |
