1736 Spruce St , PHILADELPHIA, PA 19103
PHILADELPHIA, PA 19103
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!
Details
| MLS# | PAPH2468174 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | ACTIVE-BRIGHT |
| Year | 1855 |
| Days On Site | 9 |
| Listing Provided By | Realty Mark Associates | Howard J Casper |
Features
| Units | 4 |
|---|---|
| Zoning | CMX1 |
| Acreage | 0.05 |
| Water Front | Yes |
Market Activity 19103
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19103 |
| Area | 19103 (19103) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (In 19103) | |
Price: $2,200,000 low | high Med: $2,930 On site: 9 low | high Med: 28.000000 | |
