Philadelphia, PA 19102,1522 LOCUST ST
Philadelphia, PA 19102,1522 LOCUST ST
Philadelphia, PA 19102,1522 LOCUST ST
Philadelphia, PA 19102,1522 LOCUST ST
Philadelphia, PA 19102,1522 LOCUST ST
Philadelphia, PA 19102,1522 LOCUST ST
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$2,000,000

$2,600,000

23.1%
Est.Price: ?

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Est. payment /mo

8,700 SqFt


SOLD DATE : 04/29/2024

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 8,700 sqft

Price per Sqft $229

MLS Listing ID PAPH2298776

Sold Date 04/29/24

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $30,137

Tax Year 2024

Lot Size 2,400 Sqft

Acres 0.06

Lot Dimensions 20.00 x 120.00

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.

Location

State PA

County Philadelphia

Area 19102 (19102)

Zoning CMX4

Interior

Hot Water Natural Gas

Heating Forced Air, Steam, Hot Water, Heat Pump(s), Zoned

Cooling Central A/C, Ductless/Mini-Split, Zoned

Heat Source Electric, Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Elevator

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Greenfield Albert

Middle Schools Greenfield Albert

School District The School District Of Philadelphia

Others

Tax ID 883047500

Ownership Fee Simple

SqFt Source Assessor

Security Features Intercom,Exterior Cameras

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeffrey Block • Compass RE
Bought with Bo Liu • BY Real Estate
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