Bought with Unrepresented • Unrepresented
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Rittenhouse Square
MLS Listing ID PAPH2608210
Sold Date 07/09/26
Year Built 1800
Annual Tax Amount $19,912
Tax Year 2025
Lot Size 1,300 Sqft
Acres 0.03
Lot Dimensions 20 X 65
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Presenting 1600 Spruce Street: a mixed-use property situated on the prime corner of 16th and Spruce Streets, in Philadelphia's 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 Weckerly's 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
Location
State PA
County Philadelphia
Area 19103 (19103)
Zoning CMX-2
Interior
Hot Water Other
Heating Other
Cooling Central A/C, Other
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871513500
Ownership Fee Simple
Special Listing Condition Standard
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