$425,000 USD
610-520-0100
May '25
1420 Locust St
Philadelphia, PA 19102
Avenue Of The Arts South
OVERVIEW
Discover an exceptional opportunity at 1420 Locust St #420 (also known as 1420 Locust St #04A), a sleek and modern commercial space located in the prestigious Academy House. Perfectly situated in the heart of Center City, this prime location offers unparalleled convenience with easy access to public transportation, including buses and subways, and is just steps away from some of the city’s best restaurants, bars, and attractions. Currently used as a law office, this versatile space is ideal for a professional business seeking a sophisticated and functional office setting for clients and employees alike. The property also grants access to the beautiful outdoor courtyard, providing a peaceful escape in the middle of the bustling city. Monthly condo fee is $907.94 and includes special assessment, electric and water. Whether you’re looking to purchase or lease, this space offers endless potential to elevate your business. Also available for rent at $3,500/month. Don’t miss out on this incredible opportunity to establish your business in one of Philadelphia’s most desirable locations! This unit offers the potential to be converted into a residential space at the buyer's expense.
FOR SALE DETAILS
PRICE
$425,000 USD
PRICE/SF
$517 USD /SF
CAP RATE
Request Cap Rate
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
-
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Academy House
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
721,541 SF
STORIES
37
BUILDING CLASS
C
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
300
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
CMX5
APN/PARCEL ID
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610-520-0100
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610-520-0100
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