Property

Philadelphia, PA 19102 1531 Cherry Street

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Presented By: BHHS Fox & Roach-Center City Walnut
  • MLS# PAPH2484646
  • 05/19/2025
  • Request Tour
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  • SQFT • 1,860

Home Details

Prime Investment Opportunity in Center City Philadelphia Nestled on a picturesque, tree-lined street just off the Benjamin Franklin Parkway, this exceptional property offers an unbeatable location in the heart of Center City. Surrounded by iconic landmarks such as Sister Cities Park, Love Park, City Hall, and the Convention Center, it provides easy access to major highways, including 676, 76, and I-95, as well as nearby bridges for convenient travel. Zoned CMX1, the possibilities are endless for this versatile space. The first floor features four offices and a powder room, with an additional private officecomplete with its own powder roomcurrently leased. The second and third floors house a spacious 2-bedroom, 2-bath bi-level apartment, currently occupied until April 30, 2026. With an impressive Walk Score of 96 and Transit Score of 100, this property is truly a walkers paradise, ensuring easy access to Philadelphias vibrant city life. Having served as a reliable rental for many years, it is being sold as-is and is subject to Bank Committee Approval. Buyers and their agents are responsible for verifying property tax details. Seize this rare opportunity to invest in a prime Center City location with limitless potential!
Presented By: BHHS Fox & Roach-Center City Walnut

Interior Features for 1531 Cherry Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 1531 Cherry Street

AccessibilityNone
Association Recreation FeeN
Business TypeOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsCorner of Cherry & N Mole Street
HeatingCentral
Historic Y/NNo
Lease Considered Y/NNo
Lot Size Square Feet795.00
Lot Size UnitsSquare Feet
MLS Area19102 (19102)
ModificationTimestamp2025-05-20T10:32:25
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG336.02
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameLOGAN SQUARE
Tax Annual Amount6439.0
Tax Assessed Value460000.0
Tax Lot107
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1870
Year Built SourceAssessor
ZoningCMX1

Exterior for 1531 Cherry Street

Building Area Total1860.00
Car Parking Spaces
Foundation DetailsStone
Land Assessed Value92000.00
Land Use CodeY40
Lot Dimensions15.00 x 53.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $625,000
MLS#PAPH2484646
List Date 05/19/2025
Property Type Commercial
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