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1600 Spruce Street Philadelphia, PA $ 1,750,000
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$ 1,750,000 Get more info
1600 Spruce Street
$ 1,750,000
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1600 Spruce Street

Philadelphia, PA, 19103
$ 1,750,000
Bedrooms-- Baths-- Sq 4,254

Monthly Estimate*

$ 10,775

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Commercial Property for sale in Philadelphia, PA

for $1,750,000. This 4,254 square foot building was built in 1800 on a lot size of 0.03.

Presenting 1600 Spruce Street: a mixed-use property situated on the prime corner of 16th and Spruce Streets, in Philadelphias most prestigious neighborhood: Rittenhouse Square. Originally built in the mid-1800s, the Ownership has renovated and upgraded the building in recent years. The fully occupied property consists of two 2-bedroom apartments, a professional office suite, and a highly visible retail space occupied by Weckerlys Ice Cream on a NNN lease. 1600 Spruce Street is turnkey asset combining stable income with recent upgrades and a premier location. Highlights: Turnkey 4-unit mixed-use corner property Prime Rittenhouse Square neighborhood Fully leased and recently renovated High-visibility retail space leased to strong tenant on a NNN lease

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 19,912

Style

Apartment Building,/General Retail

Lot Size

0.03

Year Built

1800

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2608210
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Other
Heating Other
Cooling Central A/C Other
Possession Negotiable Immediate
Zoning CMX-2
Construction Materials Brick
Year Built 1800
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Business Type Apartment Building Other/General Retail
Accessibility Other
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name RITTENHOUSE SQUARE
Water Access Y/N N
Status ACTIVE
Directions N/A
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19103 (19103)
Lot Size Units Square Feet
Lot Size Square Feet 1300.00
Tax Annual Amount 19912.0
Price Per Sq Ft Total AG 411.38
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Cap Rate 6.00
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Exterior
Water Source Other
Type of Parking On Street
Water View Y/N N
Building Area Total 4254.00
Lot Dimensions 20 X 65
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 284500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1600
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* Excluded Features
List By
Mallin Panchelli Nadel Realty Inc

Broker

smiller@mpnrealty.com

Email

Affordability Calculator

$12,434
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,775
Monthly Property Taxes
$1,659
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
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Pricing History
DatePricePrice ChangeDescription
4/16/2026$1,750,000 Listed Price

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1600 Spruce Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $1,750,000 with 4,254 sqft and a lot size of 0.03. 1600 Spruce Street was built in 1800. The property's zip code is 19103 which is in Philadelphia, PA

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