Philadelphia, PA 19106 320 Race Street # 1

OPEN HOUSE Sat, Jun 14 2025 12:00 PM - 2:00 PM
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Presented By: Compass Pennsylvania, LLC
  • MLS# PAPH2492788
  • 06/10/2025
  • Request Tour
  • Request Info
  • SQFT • 1,732

Home Details

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 faade 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. Theres 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.
Presented By: Compass Pennsylvania, LLC

Interior Features for 320 Race Street # 1

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories5

Other Rooms

Entry Level1

General for 320 Race Street # 1

AccessibilityNone
Business TypeOther/General Retail
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directions320 Race St
HeatingForced Air
MLS Area19106 (19106)
ModificationTimestamp2025-06-11T10:04:16
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipCondominium
PossessionSettlement
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameOLD CITY
Tax Annual Amount7488.0
Tax Assessed Value535000.0
Tax Lot364
Tax Year2025
Unit Number1
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX3

Exterior for 320 Race Street # 1

Building Area Total0.00
Car Parking Spaces
InclusionsAll appliances, window treatments and light fixtures in as-is condition and with $0 monetary value.
Land Assessed Value74900.00
Land Use Code590
Lot Dimensions0.00 x 0.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $595,000
MLS#PAPH2492788
List Date 06/10/2025
Property Type Commercial
Phone 703.929.4729
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