Properties

Select a property type to enable extra search features in the search widget below.

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 gardening 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.

Features
0
: Masonry
: Other
N
: Electric
: Natural gas
: Natural gas
0
N
N
N
MLS Addon
MSC Retail, Inc.
Josh Weiss
Annually
Annually
801188447668
THE SCHOOL DISTRICT OF PHILADELPHIA
0 Acre
16,236 Acre
0
0 Acre
No
: Standard
$34,036
2023
CMX3
: Public Sewer
: Public
Other
Commercial Features
0 Acre

Commercial Sale

1622 LOCUST STREET, PHILADELPHIA, Pennsylvania 19103

0.15 Acre
$7,250,000
Listing ID #PAPH2220406
Basic Details
Property Type : Commercial Sale
Listing Type : Residential Sale
Listing ID : PAPH2220406
Price : $7,250,000
Year Built : 1854
Lot Size : 0.15 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19103
Status : ACTIVE
Property Sub Type : Office
Price Per SQFT : $447
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent