This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$2,500,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Welcome to 1218 Arch Street, a rare opportunity to own a large ground floor commercial condominium in the heart of Philadelphia, directly across from the Convention Center and Reading Terminal. Located just a block from Market Street, Broad Street, City Hall, public transportation and parking, hotels, cultural attractions, restaurants and retail. The ground floor consists of 12,350 SF with a retail storefront and loft-style interior, including high ceilings, hardwood floors, exposed brick and columns. This fully built out space includes a large open meeting room, two conference rooms, partitioned offices, kitchenette, men's and women's restrooms, and a loading area directly accessible from Cuthbert Street. The basement area is over 12,000 SF with 12' ceilings -- an unusually large and usable block of space for storage or back-of-house operations. A small portion of this basement space is leased to AT&T and T-Mobile, generating significant revenue for the owner of this unit. Do not miss this rare opportunity to own a large ground floor commercial space in the heart of Center City, Philadelphia!
Full Property Details
Full Property Details for 1216 Arch St #1
General
- Price: $2,500,000
- Taxes: $49,070 (2024)
- Status: Active
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2518952
- Updated: 3/6/2026
- Added to Site: 289 day(s) ago
Business
- Business Type: Day Care Facility, Flex, Health Club, Medical, Other/G
Parking
- Parking Type: None
Location
- Area: 19107 (19107)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: 1218 Arch St, Philadelphia PA 19107
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 24400
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: 74.00 x 173.00
- Zoning: CMX5
Financial Considerations
- Price Per Sq. Ft.: $102.46
- Assessment Year: 2025
- School Tax: $27,479
- City/TownTax: $21,590
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $3,505,540
- Tax Amount: $49,070
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Lot Number: 275
Listed by MSC Retail, Inc., Josh Weiss
Get Pre-Approved Today
Schools
Schools serving 1216 Arch St #1
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.8 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1216 Arch St #1
Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$2,500,000
-5.66%
MLS
9/30/2025
Price Reduced
$2,650,000
-8.62%
MLS
7/22/2025
Listed
$2,900,000
45%
MLS
5/09/2007
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1216 Arch St #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$49,071
—
$3,821,800
—
2024
$49,071
17%
$3,821,800
100%
2023
$41,871
15%
100%
2021
$36,395
-13%
-100%
2023
$41,871
15%
$2,991,240
15%
2020
$36,395
-16%
$2,600,000
-16%
2019
$43,112
5%
$3,079,900
5%
2018
$41,056
121%
$2,933,000
121%
2017
$18,547
—
$1,325,000
—
2016
$18,547
4%
$1,325,000
—
2015
$17,755
—
$1,325,000
—
2014
$17,755
41%
$1,325,000
929%
2013
$12,585
—
$128,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1216 Arch St #1
1216 Arch Street #1, Philadelphia, PA 19107 (MLS# PAPH2518952) is a Warehouse property. 1216 Arch Street #1 is currently listed for $2,500,000 and was received on July 22, 2025. Want to learn more about 1216 Arch Street #1? Do you have questions about finding other Warehouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

