Cell: (410) 627-9990 | Office:(410) 561-0044

1622 Locust Street, Philadelphia, PA 19103

$6,500,000
  • 1622 Locust Street, Philadelphia, PA 19103 Main Photo

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MLS#PAPH2574160
STATUSACTIVE PROPERTY TYPECommercial - Office SCHOOLPHILADELPHIA CITY

Property Description

Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the building’s four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured garden and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.

1622 Locust Street | MLS# PAPH2574160

This commercial property located at 1622 Locust Street, Philadelphia, PA 19103 is currently listed for sale with an asking price of $6,500,000. Locust Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.mikenelsonrealtor.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Heat Pump(s)
Lot Size: 0.15 Acres
Taxes: $34,036
Year Built: 1854

Feature Descriptions

Exterior: Masonry
Lot Dimensions: 0.15 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 2
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: MSC Retail, Inc.
Agency Phone: 2155682600

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