1215 Race St

Highlights:

• Located across from the Philadelphia Convention Center
• CMX4 Zoning
• 6000 sq ft
• Will be delivered vacant (may or may not be delivered empty of contents)
• Being Sold At Auction
• Starting Bid is $225,000 THIS IS NOT THE SALES PRICE

Description:

Prime Redevelopment Opportunity Across from the Pennsylvania Convention Center

For the past 83 years, 1215 Race Street has been home to a proud, family-run sign company, a testament to Philadelphia’s tradition of entrepreneurial grit. Now, this property is ready for its next chapter, offering investors, developers, and visionaries the chance to transform a cornerstone location in the heart of Center City.

Directly across from the Pennsylvania Convention Center, this building sits in one of the most coveted corridors of Philadelphia. The CMX-4 zoning unlocks extraordinary flexibility, allowing for significant redevelopment potential, from expanding square footage to upgrading the building’s use for mixed-use, retail, hospitality, or residential projects.

Rarely does a property combine such a storied legacy with untapped possibility. Whether you envision a boutique hotel steps from major conventions, a modern apartment building in a thriving downtown, or a flagship retail/restaurant destination, this site is positioned to deliver long-term value.

Highlights:

Located across from the Pennsylvania Convention Center

CMX-4 zoning with expansion and redevelopment potential

Family-owned for 83 years, first time available in decades

Surrounded by premier hotels, restaurants, and cultural landmarks

Exceptional opportunity for value-add investors and developers

This is more than a building, it’s a chance to write the next chapter in one of Philadelphia’s most dynamic neighborhoods.

6000 sq ft building with a lot size of 100x20. The building was built in 1940 and has CMX4 Zoning. The building sits directly across from the Pennsylvania Convention Center.

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