Listed by MSC Retail
Undisclosed Rate
1622 Locust Street
Building Details
Property Type Office
Sub Type Executive Office, Boutique Office
Tenancy Single
Total Building SqFt 16,000
Vacant SqFt 6,387
Total Parking Spaces 2 Cars, Covered
Year Built 1852
Spaces
Office | Single tenant | 6,387 SqFt
Building description
1622 Locust sits in the heart of the Rittenhouse Square neighborhood and just a block from the park after which it was named. The park itself is the center of city life, landscaped and always crowded with of a diverse cross section of the city's population, while the perimeter is lined with vibrant outdoor ca- fes and high-rises. From the time of the building's construction until today, Rittenhouse is the city's most desirable neighborhood: beautiful and historic architecture; premier shopping, dining and nightlife; cultural institutions, theaters and hotels; and bordered by Market Street and Broad Street (the Central Business Dis- trict). Rittenhouse contains the city's most expensive and desir- able real estate, from boutique commercial buildings to penthouse condominiums and brownstones on quiet, tree-lined streets.
Building highlights
- Prestigious Rittenhouse Square estate for sale with unmatched architectural detail
- 16,000 SF 4-story owner occupied office building, ideal for an end-user or corporate headquarters
- The existing building can be converted into luxury condominiums or a grande single-family mansion
- The property includes a beautiful courtyard and parking which can be maintained or will support a 15,000 SF new construction/residential building by right
- The property was designated as Historic by the City of Philadelphia in 1967
- The property is an existing 16,000 SF fourstory boutique office building and courtyard that was occupied by the owner’s law firm for the past 50 years
- The property was designated as Historic by the City of Philadelphia in 1967
- Single tenant or end-user acquisition for corporate headquarters or branch.
- Investor acquisition to lease existing building
- Developer acquisition to adapt building into luxury residential condominiums. Up to 15K SF new construction residential construction allowed by right in courtyard. (Two large townhouses could be built in courtyard but require variance)
- Home buyer to restore existing building into unmatched grand Rittenhouse Square mansion with courtyard
- The property may also be leased on a short term or long term basis
Listing Contacts
Listed by MSC Retail
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
