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1325 Spruce Street Philadelphia, PA $ 2,850,000
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1325 Spruce Street
$ 2,850,000
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1325 Spruce Street

Philadelphia, PA, 19107
$ 2,850,000
Bedrooms-- Baths-- Sq 7,378

Monthly Estimate*

$ 17,548

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Commercial Property for sale in Philadelphia, PA

for $2,850,000. This 7,378 square foot building was built in 1974 on a lot size of 0.06.

This offering presents the rare opportunity to acquire 1325 Spruce St (aka the Thena Hotel), a fully operational, nine-unit boutique hotel / short-term rental building strategically located in the heart of Philadelphias Center City. Situated just steps from the Avenue of the Arts, this 4,865 sq ft, four-story masonry building is perfectly positioned to capitalize on Philadelphias booming tourism and short-term rental (STR) market. The property has been successfully operated with a staff-less model, catering to a mix of short-term vacationers and longer-term corporate and student tenants. With significant upcoming international events and clear paths to enhance operational revenue, the property represents a premier turnkey investment poised for substantial growth. A new operator can immediately unlock significant upside by implementing targeted operational and marketing enhancements that the current owner has not pursued. The property features rear parking and a large basement for efficient housekeeping/maintenance, steps to the Convention Center, City Hall, Avenue of the Arts, and major employers driving steady leisure and business demand. Strong operating history includes premium 28 month corporate/student stays alongside nightly bookings, supported by 4.8-star reviews across platforms. 2026 event catalysts (World Cup, MLB All-Star, Semiquincentennial, PGA, March Madness) offer meaningful upside for a compliant, data-driven operator. Value can be unlocked through refreshed design/branding, professional media and direct-booking strategy, light cosmetic upgrades, revenue optimization (sleep configurations/experiences), and streamlined dynamic pricing and operations. Contact us today.

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Commercial Active

Price

$ 2,850,000

Property Type

Commercial

Taxes

$ 16,660

Style

Hotel/Motel,Apartment Building

Lot Size

0.06

Year Built

1974

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2572696
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession Immediate
Zoning CMX5
Construction Materials Brick
Year Built 1974
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Hotel/Motel Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 6
MLS Area 19107 (19107)
Lot Size Units Square Feet
Lot Size Square Feet 2540.00
Tax Annual Amount 16660.0
Price Per Sq Ft Total AG 585.82
Vacation Rental Y/N N
Virtual Tour
Standard Status Active
Year Built Source Assessor
Tax Lot 83
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 4865.00
Lot Dimensions 20.00 x 127.00
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 238040.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1325
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

michael.phillips@compass.com

Email

Affordability Calculator

$18,936
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,548
Monthly Property Taxes
$1,388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
1/14/2026 $2,850,000 Listed Price

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1325 Spruce Street, Philadelphia, PA, 19107 is a Commercial Property for sale at $2,850,000 with 7,378 sqft and a lot size of 0.06. 1325 Spruce Street was built in 1974. The property's zip code is 19107 which is in Philadelphia, PA

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