1736 SPRUCE ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19103
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2468174
Year Built 1855
Annual Tax Amount $17,924
Tax Year 2024
Lot Size 2,342 Sqft
Property Sub-Type Five Or More Units
Property Description
Location, location, location, the three most important words in real estate. This property sets the standard. What more could you want?
The building was designed by Grant Simon, a world renowned Architect, who won the acclaimed Paris Prize and chaired the AIA Committee on Preservation of Historic Monuments.
A retail corner spot in a fantastic location with plenty of foot traffic. This property has a multitude of options depending on your business model. Considering the building houses four one bedroom apartments, one studio apartment and an office space a retailer can dramatically offset the operating cost of the business by supplementing their budget with a rental income. Alternatively, a real estate investor can leverage the income from the retail space and rental units for oversize returns.
The units and rooms are spacious and bright with two beautiful Bay windows and designed with unique octagon windows as well.
All this and you are a block from Rittenhouse Square!
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C,Window Unit(s)
Exterior
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard