Philadelphia, PA 19103,2047 LOCUST ST
Philadelphia, PA 19103,2047 LOCUST ST
Philadelphia, PA 19103,2047 LOCUST ST
Philadelphia, PA 19103,2047 LOCUST ST
Philadelphia, PA 19103,2047 LOCUST ST
Philadelphia, PA 19103,2047 LOCUST ST
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Listed by David Scialanca • Coldwell Banker Realty
$ 1,875,000
Est. payment | /mo

1,620 Sqft Lot


$ 1,875,000
Est. payment | /mo

1,620 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2518152

Year Built 1900

Annual Tax Amount $11,920

Tax Year 2024

Lot Size 1,620 Sqft

Acres 0.04

Lot Dimensions 18.00 x 90.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Versatile Income-Producing Property in the Heart of Rittenhouse Square!
Welcome to this charming and uniquely special property located just a block and a half from the iconic Rittenhouse Square Park! Perfectly positioned in one of Philadelphia's most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential.
Whether you're seeking a multi-family conversion, a luxurious single-family residence, or continuing its current approved use as an elegant professional office building, the possibilities are endless. Currently configured as a fully operational office space with multiple business tenants, this property provides a steady stream of income. There is a total of 8 office units throughout the 2nd, 3rd and 4th floors. 3 of the 8 units are tenant occupied, and the other units are owner occupied.
As you enter the first floor and you'll find an attorney's office featuring a welcoming reception area, front desk, kitchen space, two half bathrooms, and a spacious conference room. The second floor boasts a large main office with a fireplace and an alcove off this office along with two additional private offices. The third floor offers three more offices, including another with a fireplace, plus an additional half bath. On the fourth floor, you'll find two more offices ideal for a variety of uses.
The full basement offers generous storage space, while the dual-zoned HVAC system ensures comfort throughout. The customized windows installed just a few years ago provide both efficiency and aesthetic appeal. 3+ car parking at the rear of the property is a great bonus!
Don't miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphia's most prestigious locations!

Location

State PA

County Philadelphia

Area 19103 (19103)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 883335010

Ownership Fee Simple

Acceptable Financing Negotiable

Listing Terms Negotiable

Financing Negotiable

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1103337991

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Penn Alexander School

    Public | KG - 8

  • 9

    Gamp

    Public | 5 - 12

  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 7

    Laboratory Charter School

    Public | KG - 8

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 6

    D. Newlin Fell School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Philadelphia Performing Arts Charter School

    Public | KG - 8

  • 5

    Abram Stockton Jenks School

    Public | KG - 4

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Mastery Charter School - Thomas Campus

    Public | KG - 12

  • 5

    Eliza Butler Kirkbride School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 4

    Discovery Charter School

    Public | KG - 8

  • 4

    Martha Washington Elementary Academics

    Public | KG - 8

Middle Schools 5
  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 7

    Bodine William W High School

    Public | 9 - 12

  • 5

    Preparatory Charter School of Mathematics Science

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 4

    Parkway West

    Public | 9 - 12

  • 4

    Paul Robeson High School for Human Services

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 1

    West Philadelphia High School

    Public | 9 - 12

  • 1

    The Workshop School

    Public | 9 - 12

  • 1

    School of the Future

    Public | 9 - 12

  • 1

    Universal Audenried Charter High School

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    South Philadelphia High School

    Public | 9 - 12

  • 1

    Benjamin Franklin High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Nigel James
Nigel James

+1(302) 354-4420

210 Sandra Rd, Willmington, Delaware, 19803, United States

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2047 LOCUST ST