Property

Philadelphia, PA 19103 1622 Locust Street

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Presented By: MSC Retail, Inc.
  • MLS# PAPH2448896
  • 02/24/2025
  • Request Tour
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  • SQFT • 16,236

Home Details

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 buildings 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.
Presented By: MSC Retail, Inc.

Interior Features for 1622 Locust Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1622 Locust Street

AccessibilityOther
Business TypeApartment Building, Banquet Facility/Lodge, Bed and Breakfast, Day Care Facility, Hair Salon and Spa, Health Club, Hotel/Motel, Institutional, Medical, Other/General Retail, Professional, Recreation, Religious F
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsLocust Street between 16th and 17th Streets
HeatingHeat Pump(s)
Historic Y/NYes
Lot Size Square Feet6387.00
Lot Size UnitsSquare Feet
MLS Area19103 (19103)
ModificationTimestamp2025-02-24T15:28:11
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG400.34
Property SubtypeOffice
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount34036.0
Tax Assessed Value2431500.0
Tax Lot122
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1854
Year Built SourceEstimated
ZoningCMX3

Exterior for 1622 Locust Street

Building Area Total16236.00
Car Parking Spaces2
Land Assessed Value486300.00
Land Use CodeDD0
Lot Dimensions58.00 x 126.00
Lot Size Acres0.15
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces2
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $6,500,000
MLS#PAPH2448896
List Date 02/24/2025
Property Type Commercial
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