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$10,000,000
1 Day Online

1507-1511 Locust St
Philadelphia, PA 19102

For Sale|Unimproved Land|Active
0
Beds
0
Full Baths
0
Partial Baths
17,143
SqFt
$583
/SqFt
1984
Built
County:
PHILADELPHIA
Listing courtesy of KW Empower

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215-382-7368
1507-1511 Locust St1507-1511 Locust St1507-1511 Locust St1507-1511 Locust St
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On behalf of the ownership, Hunters Commercial is pleased to present an exclusive opportunity to acquire the properties at 1507 Locust St. and 223 S. Sydenham St. These two addresses have been consolidated into a single, contiguous lot. Situated in the heart of Rittenhouse Square, one of Philadelphia's most prestigious neighborhoods, this prime location offers proximity to Rittenhouse Park, Broad Street, and Suburban Station, which services 13 regional rail lines facilitating daily commuter traffic. Additionally, the property provides convenient access to major thoroughfares such as I-76, I-676, and I-95, making it well connected to the broader region. The surrounding area is characterized by a dense mix of residential, commercial, and retail establishments, creating a vibrant environment with ample foot traffic and a built-in customer base. The property currently houses the well-known Misconduct Bar and Vesper Nightclubs, and the combined lot, totaling 8,283 square feet, is zoned CMX-5. This zoning designation allows for high-density residential and commercial development, making the location suitable for future projects with excellent growth potential. This offering is ideal for a passive investor looking to collect rental income or an owner-user looking to establish their own business in a prime location. Given the density of the surrounding area and the favorable zoning, the site also presents an attractive opportunity for future development. This is a rare chance to acquire a Grade A asset in one of Philadelphia’s most sought-after locations. For more details or to schedule a viewing, please contact Hunters Commercial.

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Listing Snapshot
Price 
$10,000,000
Days Online 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
17,143 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1984
MLS® Number 
PAPH2398450
Status 
Active
Property Tax 
$18,918
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen online
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.19
Parking 
On Street
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
SqFt Total 
17143
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Community Features
MLS Area 
19102 (19102)
Listing courtesy of KW Empower

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The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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