1629 Locust Street Philadelphia, PA $ 2,950,000
1629 Locust Street
$ 2,950,000
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1629 Locust Street

Philadelphia, PA, 19103
$ 2,950,000
Bedrooms-- Baths-- Sq 9,000

Monthly Estimate*

$ 18,164

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Commercial Property for sale in Philadelphia, PA

for $2,950,000. This 9,000 square foot building was built in 1899 on a lot size of 0.05.

LUXURY PROPERTY AUCTION: JUNE 17-30. Accepting Starting Bids through 16 June. Starting Bids Expected Between $1M-$1.75M. Earn an incentive by 16 June. An extraordinary opportunity to own one of Philadelphias most architecturally significant buildings, steps from Rittenhouse Square. Designed in 1902 by Horace Trumbauer, architect of the Philadelphia Museum of Art, the five-story Edward C. Knight Mansion was conceived in the 18th-century French Beaux-Arts tradition and has never lost its grandeur. The buildings most celebrated feature is its four-story elliptical Carrara marble staircase, crowned by an oeil-de-boeuf skylight. The faade retains its original ornate wrought-iron balconies and gates, crafted by master metalworker Samuel Yellin. Interior spaces are generous, light-filled, and adaptable. Commercially zoned and currently configured for professional office use, the property offers compelling mixed-use potential - whether repositioned for boutique hospitality, luxury residential conversion, creative office, or a flagship retail or gallery concept befitting its address and pedigree. Over a century of distinguished ownership, including use as a private art museum and civic institution, has only deepened the buildings provenance. Properties of this caliber and location rarely come to market.

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Commercial Active

Price

$ 2,950,000

Property Type

Commercial

Taxes

$ 29,451

Style

General Retail,Professional,,Medical,Hair Salon a

Lot Size

0.05

Year Built

1899

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2623130

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 5
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession Negotiable
Zoning CMX3
Construction Materials Masonry
Year Built 1899
View City
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other/General Retail Professional Other Medical Hair Salon and Spa Bed and Breakfast Apartment Building
Accessibility Elevator
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name RITTENHOUSE SQUARE
Possible Use Apartment Building Apartments Barber/Beauty Bed & Breakfast Clothing Financial Flex Space Investment Medical/Dental Multi-Family Mixed Use Office Professional Service Residential Restaurant Spa Other
Water Access Y/N N
Status ACTIVE
Directions On Locust between 16th and 17th Streets
City PHILADELPHIA
Number Of Units Total 0
MLS Area 19103 (19103)
Lot Size Units Square Feet
Lot Size Square Feet 2000.00
Tax Annual Amount 29451.0
Price Per Sq Ft Total AG 327.78
Historic Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 44
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Building Area Total 9000.00
Lot Dimensions 20.00 x 100.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 420800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1629
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* Excluded Features
List By
Kurfiss Sotheby's International Realty

Broker

stecura@kurfiss.com

Email

Affordability Calculator

$20,618
Per Month
88%
12%
0%
Monthly Principal & Interest
$18,164
Monthly Property Taxes
$2,454
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
Pricing History
DatePricePrice ChangeDescription
5/27/2026$2,950,000 Listed Price

Map


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1629 Locust Street, Philadelphia, PA, 19103 is a Commercial Property for sale at $2,950,000 with 9,000 sqft and a lot size of 0.05. 1629 Locust Street was built in 1899. The property's zip code is 19103 which is in Philadelphia, PA