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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,700 sqft
Price per Sqft $229
MLS Listing ID PAPH2298776
Sold Date 04/29/24
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $30,137
Tax Year 2024
Lot Size 2,400 Sqft
Acres 0.06
Lot Dimensions 20.00 x 120.00
Property Description
An exquisite façade. A premier address. Grace Hall offers the opportunity to fit out 7,200 above ground square feet plus 2,400 of mostly finished lower-level space. In a perfect Rittenhouse Square location. With CMX4 zoning, so many options, such as: (1) Live-Work space for an end user. Premier office or retail space while fitting out a spacious, luxury residence above. (2) Office or retail space with rental units or condominiums above. (3) A full building for office space. (4) Co-working. (5) A full condominium conversion with between four and six luxury condos. (6) A legal and lucrative Air BnB with 6+ units (one gorgeous unit already fitted out). (7) Or different combinations of the above. An incredible property with high ceilings and original character. This building goes street to street (Locust to Latimer) and is superbly maintained. Central air. Commercial Elevator. Concrete floors. Excellent storage throughout. Multiple HVAC systems. With a 100 WalkScore and just two blocks from Rittenhouse Square, this important Rittenhouse neighborhood property offers the perfect combination of utility, grace, and location.
Location
State PA
County Philadelphia
Area 19102 (19102)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Forced Air, Steam, Hot Water, Heat Pump(s), Zoned
Cooling Central A/C, Ductless/Mini-Split, Zoned
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Elevator
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Greenfield Albert
Middle Schools Greenfield Albert
School District The School District Of Philadelphia
Others
Tax ID 883047500
Ownership Fee Simple
SqFt Source Assessor
Security Features Intercom,Exterior Cameras
Special Listing Condition Standard
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Bought with Bo Liu • BY Real Estate
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327