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$539,900 Just Listed
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Property Description
Position your business where visibility, character, and foot traffic come together - welcome to 320 Race St Unit 1 in the heart of Old City Philadelphia. The front space is the story here. With its street-level presence and flexible layout, this area opens the door to a wide range of commercial and creative uses. Think boutique retail, professional office, design studio, wellness space, gallery, content creation hub, or client-facing showroom. It's equally suited for consultants, therapists, creatives, or small business owners who want a polished, accessible location that reflects their brand. For those who want to eliminate the commute entirely, this property also delivers a seamless live/work setup. Run your business in the front while maintaining private living quarters in the rear - a setup that's becoming more valuable and harder to find in today's market. Old City itself does a lot of the heavy lifting. Known for its consistent foot traffic, destination restaurants, art scene, and historic charm, it naturally attracts locals and visitors alike. Being here puts your business in a neighborhood people already want to spend time in - which matters. Whether you're launching something new, relocating, or looking for a smarter way to combine your home and business, this space gives you options most properties simply don't.
Full Property Details
Full Property Details for 320 Race St #1
General
- Price: $539,900
- Taxes: $7,488 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2613620
- Updated: 4/30/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Flex, Other/General Retail, Professional, Recreation,
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLD CITY
- Driving Directions: On Race between 3rd-4th
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air, Other
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size Source: Assessor
- Zoning: CMX3
Financial Considerations
- Assessment Year: 2026
- School Tax: $4,193
- City/TownTax: $3,295
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $535,000
- Tax Amount: $7,488
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 364
Listed by Elite Realty Group Unl. Inc., Alena Stolyar
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Schools
Schools serving 320 Race 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 | 0.7 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.1 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 320 Race St #1
Date
Details
Price
Change
Source
4/30/2026
Listed
$539,900
-1.75%
MLS
1/12/2021
Sold
$549,500
—
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 320 Race St #1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,999
-7%
$535,000
—
2025
$7,489
—
$535,000
—
2024
$7,489
32%
$535,000
100%
2021
$5,672
-19%
-100%
2023
$6,999
23%
$500,000
23%
2020
$5,672
2%
$405,200
2%
2019
$5,561
2%
$397,300
2%
2018
$5,459
—
$390,000
—
2017
$5,459
8%
$390,000
8%
2016
$5,039
4%
$360,000
—
2015
$4,824
-18%
$360,000
-18%
2014
$5,889
68%
$439,500
1123%
2013
$3,511
—
$35,936
—
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 320 Race St #1
320 Race Street #1, Philadelphia, PA 19106 (MLS# PAPH2613620) is a Commercial Service property. 320 Race Street #1 is currently listed for $539,900 and was received on April 30, 2026. Want to learn more about 320 Race Street #1? 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.

