1629 Locust Street Philadelphia, PA $ 3,450,000
1629 Locust Street
$ 3,450,000
Share Save

1629 Locust Street

Philadelphia, PA, 19103
$ 3,450,000
Baths0.0 Sq 9,000

Monthly Estimate*

$ 22,930

1629 Locust Street, Philadelphia, PA 19103 - Image 1
1629 Locust Street, Philadelphia, PA 19103 - Image 2
1629 Locust Street, Philadelphia, PA 19103 - Image 3
1629 Locust Street, Philadelphia, PA 19103 - Image 4
1629 Locust Street, Philadelphia, PA 19103 - Image 5
1629 Locust Street, Philadelphia, PA 19103 - Image 6
1629 Locust Street, Philadelphia, PA 19103 - Image 7
1629 Locust Street, Philadelphia, PA 19103 - Image 8
1629 Locust Street, Philadelphia, PA 19103 - Image 9
1629 Locust Street, Philadelphia, PA 19103 - Image 10
1629 Locust Street, Philadelphia, PA 19103 - Image 11
1629 Locust Street, Philadelphia, PA 19103 - Image 12
1629 Locust Street, Philadelphia, PA 19103 - Image 13
View a Virtual Tour
Studio

Commercial Property for sale in Philadelphia, PA

for $3,450,000. This 9,000 square foot building was built in 1899 on a lot size of 0.05.

Welcome to 1629 Locust Street, a once-in-a-generation opportunity to acquire an architectural masterpiece by Horace Trumbauer. Built in 1902, Mr. Trumbauer masterfully designed this five-story townhouse for a sugar baron Edward C. Knight. This property is one of the few remaining contributions of Mr. Trumbauer to the architectural history of Philadelphia. In the exterior faade, Mr. Trumbauer incorporated bold design elements of 18th Century French architecture, such as wrought iron gates created by Samuel Yellin on the front door, windows and balconies. The interior of the Knight Residence is truly exquisite with the most prominent design feature being the elliptical Carrara marble staircase with an elegant iron railing that rises four stories to an oeil-de-boeuf skylight. The second floor is comprised of two Louis XV style salon rooms, which currently serve as meeting rooms. These rooms feature elaborate bronze mounts with arched windows and molded plaster rondels. The third and fourth floors are also elegantly designed in Louis XVI style. The fifth floor, which previously served as the butler's room, is connected to the fourth floor by an interior spiral wooden staircase. With generous CMX-3 zoning, this property provides a blank canvas for occupancy and redevelopment by either an investor or occupant. The location on beautiful tree-lined Locust Street is reminiscent of the opulence and elegance of old-world Philadelphia.

See more

Commercial Active

Price

$ 3,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 36,102

Style

General Retail,Medical,Restaurant/Bar,Institution

Lot Size

0.05

Year Built

1899

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2045448

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
See more
General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession 0-30 Days CD
Zoning CMX3
Construction Materials Masonry
Year Built 1899
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other/General Retail Medical Restaurant/Bar Institutional
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions East on Locust from 17th Street Left Side of Street
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 0
MLS Area 19103 (19103)
Lot Size Square Feet 2000.00
Waterfront Y/N N
Street Name LOCUST
Tax Annual Amount 36102.0
Property Condition Excellent
Price Per Sq Ft 383.33
Vacation Rental Y/N N
Virtual Tour https://app.cloudpano.com/tours/9W7r77P5S
Days on Market 845
Standard Status Active
Year Built Source Assessor
Tax Lot 44
Buyer Agent Compensation Type % Of Gross
See more
Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 9000.00
Lot Dimensions 20.00 x 100.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 515820.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 1629
See more
* Excluded Features
List By
Msc Retail, Inc.

Broker

jcooper@hellomsc.com

Email

Affordability Calculator

$25,938
Per Month
88%
12%
0%
Monthly Principal & Interest
$22,930
Monthly Property Taxes
$3,009
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2023$3,450,000 -12.66% Price Down
1/7/2022$3,950,000 Listed Price

Map


See all

1629 Locust Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $3,450,000 with 9,000 sqft and a lot size of 0.05. 1629 Locust Street is a studio with 0.0 baths and was built in 1899. The property's zip code is 19103 which is in Philadelphia, PA