1522 Locust Street, Philadelphia, PA 19102

$2,000,000
Sold Price
$2,000,000
List Price
$2,600,000
Closing Date
Apr 29, 2024
Days on Market
98
Status
CLOSED
MLS#
PAPH2298776
Lot Size (Acres)
0.06
Year Built
1940
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

An exquisite façade. A premier address. Grace Hall offers the opportunity to fit out 7,200 above ground square feet plus 2,400 of mostly finished lower-level space. In a perfect Rittenhouse Square location. With CMX4 zoning, so many options, such as: (1) Live-Work space for an end user. Premier office or retail space while fitting out a spacious, luxury residence above. (2) Office or retail space with rental units or condominiums above. (3) A full building for office space. (4) Co-working. (5) A full condominium conversion with between four and six luxury condos. (6) A legal and lucrative Air BnB with 6+ units (one gorgeous unit already fitted out). (7) Or different combinations of the above. An incredible property with high ceilings and original character. This building goes street to street (Locust to Latimer) and is superbly maintained. Central air. Commercial Elevator. Concrete floors. Excellent storage throughout. Multiple HVAC systems. With a 100 WalkScore and just two blocks from Rittenhouse Square, this important Rittenhouse neighborhood property offers the perfect combination of utility, grace, and location.

Additional Information

Area
19102 (19102)
Taxes
$30137
School District
The School District Of Philadelphia
Elementary School
Greenfield Albert
Middle School
Greenfield Albert
Heating
Forced Air, Steam, Hot Water, Heat Pump(s), Zoned
Heating Fuel
Electric, Natural Gas
Cooling
Central A/C, Ductless/Mini-Split, Zoned
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Listing courtesy of Compass Pennsylvania, LLC. Contact: (267) 435-8015

Selling Office: .