About 1736 Spruce St
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!
Features of 1736 Spruce St
| MLS® # | PAPH2468174 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,204 |
| Acres | 0.05 |
| Year Built | 1855 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 1736 Spruce St |
|---|---|
| Area | 19103 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19103 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Hot Water |
|---|---|
| Cooling | Central A/C, Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | April 9th, 2025 |
|---|---|
| Days on Market | 194 |
| Zoning | CMX1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Realty Mark Associates-CC |
|---|---|
| Contact Info | 2153764444 |