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$500,000
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Property Description
Exceptional value-add opportunity in 19132! This three-level commercial property offers immediate income with a first-floor tenant currently paying $1,700/month, plus significant upside through repositioning of the vacant upper and lower levels. The basement unit was previously operated as a nightclub. The second floor was formerly a pool hall. With one level producing income and two levels vacant, this is a prime opportunity for investors looking to maximize value through strategic redevelopment. Property is being sold in AS - IS condition. Zoned CMX-2.5
Full Property Details
Full Property Details for 2256 N Broad St
General
- Price: $500,000
- Taxes: $7,115 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2585196
- Updated: 3/6/2026
- Added to Site: 46 day(s) ago
Business
- Business Type: Other/General Retail, Restaurant/Bar, Recreation
Parking
- Parking Type: None
Location
- Area: 19132 (19132)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Construction: Masonry
- Building Size: 4760
- Year Built: 1915
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,489
- Lot Size Source: Estimated
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $105.04
- Assessment Year: 2025
- School Tax: $3,984
- City/TownTax: $3,130
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $508,300
- Tax Amount: $7,115
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 391
Listed by Real of Pennsylvania, Liam Coonahan
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Schools
Schools serving 2256 N Broad St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Duckrey Tanner School 1501 West Diamond street, Philadelphia, PA 19121 | K-8 | 0.2 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 2256 N Broad St
Date
Details
Price
Change
Source
2/24/2026
Price Reduced
$500,000
-14.53%
MLS
2/17/2026
Listed
$585,000
—
MLS
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 2256 N Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,115
—
$508,300
—
2024
$7,115
133%
$508,300
100%
2021
$3,057
-50%
-100%
2023
$6,057
98%
$432,700
98%
2020
$3,057
1%
$218,400
1%
2019
$3,035
—
$216,800
—
2018
$3,040
9%
$217,200
9%
2017
$2,798
—
$199,900
—
2016
$2,798
4%
$199,900
—
2015
$2,679
—
$199,900
—
2014
$2,679
36%
$199,900
892%
2013
$1,970
—
$20,160
—
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 2256 N Broad St
2256 N Broad Street, Philadelphia, PA 19132 (MLS# PAPH2585196) is a Commercial Service property. 2256 N Broad Street is currently listed for $500,000 and was received on February 17, 2026. Want to learn more about 2256 N Broad Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

