Address
1629 Locust Street, Philadelphia, PA
Price
$ 3,450,000
Property Attributes
- MLS#PAPH2045448
- TypeCommercial
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19103
- Zip19103
- StyleGeneral Retail,Medical,Restaurant/Bar,Institution
- Year Built1899
- Taxes$ 36102
- Price$ 3,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9000
- Lot Size0.05 Acres
Data Source:
Bright MLS
Property Description
Welcome to 1629 Locust Street, a once-in-a-generation opportunity to acquire an architectural masterpiece by Horace Trumbauer. Built in 1902, Mr. Trumbauer masterfully designed this five-story townhouse for a sugar baron Edward C. Knight. This property is one of the few remaining contributions of Mr. Trumbauer to the architectural history of Philadelphia. In the exterior faade, Mr. Trumbauer incorporated bold design elements of 18th Century French architecture, such as wrought iron gates created by Samuel Yellin on the front door, windows and balconies. The interior of the Knight Residence is truly exquisite with the most prominent design feature being the elliptical Carrara marble staircase with an elegant iron railing that rises four stories to an oeil-de-boeuf skylight. The second floor is comprised of two Louis XV style salon rooms, which currently serve as meeting rooms. These rooms feature elaborate bronze mounts with arched windows and molded plaster rondels. The third and fourth floors are also elegantly designed in Louis XVI style. The fifth floor, which previously served as the butler's room, is connected to the fourth floor by an interior spiral wooden staircase. With generous CMX-3 zoning, this property provides a blank canvas for occupancy and redevelopment by either an investor or occupant. The location on beautiful tree-lined Locust Street is reminiscent of the opulence and elegance of old-world Philadelphia.
| Price History | |
|---|---|
| 1/7/2022 | Listed $3,950,000 |
| 5/6/2023 | 13% - $3,450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Hot Water |
| Cooling | Central A/C |
| Possession | 0-30 Days CD |
| Zoning | CMX3 |
| Construction Materials | Masonry |
| Year Built | 1899 |
| Property SubType | Office |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Other/General Retail,Medical,Restaurant/Bar,Institutional |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | East on Locust from 17th Street,Left Side of Street |
| ModificationTimestamp | 2024-03-25T08:09:13 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 3 |
| MLS Area | 19103 (19103) |
| Lot Size Square Feet | 2000.00 |
| Tax Assessed Value | 2579100.0 |
| Waterfront Y/N | No |
| Street Name | LOCUST |
| Tax Annual Amount | 36102.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 383.33 |
| Vacation Rental Y/N | No |
| Virtual Tour | https://app.cloudpano.com/tours/9W7r77P5S |
| Days on Market | 845 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 44 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | DD0 |
| Water View Y/N | No |
| Building Area Total | 9000.00 |
| Lot Dimensions | 20.00 x 100.00 |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 515820.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19103
Price
Taxes
Visits
Year Built
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