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320 Race Street 1Philadelphia, PA 19106

For Sale

$560,000

Smart Buyer Rebate $5,600

Make your truly unique home in this one-of-a-kind two-bedroom, two-bathroom condominium featuring a highly flexible two-level layout, gorgeous historic architectural details, and an ideal Old City location. Zoning, which allows for residential, commercial, or mixed use, makes this unit a rare find for business owners, residential homebuyers and investors alike.
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.

Listed by Jordan B Wiener

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License #RS229414

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Compass Pennsylvania, LLC

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6109966000

Last updated September 08, 2025

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Source: BrightMLS #PAPH2418878

Listing Facts

  • TypeCondo
  • NeighborhoodOld City
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu292
  • HOA/Maint. Fees$400/month
  • Taxes$7,488/year
  • Size1,732 sqft
  • Price per sqft$323

Location

Mortgage Calculator

Listing History

09/08/2025
Price Decreased
$560,000
08/08/2025
Price Decreased
$575,000
08/04/2025
Price Decreased
$579,000
07/14/2025
Price Decreased
$589,000
06/06/2025
Price Decreased
$595,000
02/28/2025
Price Decreased
$600,000
01/06/2025
Status changed to Active
$650,000
12/24/2024
Status changed to Removed from Feed
$650,000
11/21/2024
Listed by Compass Pennsylvania, LLC
$650,000

Property Details for 320 Race Street 1

Association

Amenities

  • Pets Allowed: Case by Case Basis

Fees

  • Association Fee 2: $400.00 Monthly
  • Association Fee Includes: Trash, Management, Common Area Maintenance, Insurance, Snow Removal

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 5
  • Stories Total: 5
  • Year Built: 1900
  • Architectural Style: Unit/Flat, Bi-level
  • Construction Materials: Masonry
  • Entry Level: 1

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 0

Financial

Taxes

  • Tax Annual Amount: $7,488.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,732
  • Living Area Source: Assessor

Rooms

  • Has Basement: No
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2

Other

General

  • Senior Community: No

Location

  • Subdivision Name: OLD CITY
  • Tax Lot: 364

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.