$6,500,000

1622 LOCUST STREET, Philadelphia, PA 19103

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1854
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the building’s four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured garden and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.

Listing Status:
Active
Date Added:
February 24, 2025 at 06:00AM
Listing Office:
MSC Retail, Inc. : 2155682600
Listing Agent:
Josh Weiss : 2158837389
MLS ID:
PAPH2448896
  • A/C: Central A/C
  • Heating: YHeat Pump(s)Natural Gas
  • Disability Feature: Other

This listing courtesy of Josh Weiss, MSC Retail, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Albert M. Greenfield School

2200 Chestnut St, Philadelphia, PA, 19103

Grades KG-8

0.53 miles away

A

Albert M. Greenfield School

2200 Chestnut St, Philadelphia, PA, 19103

Grades KG-8

0.53 miles away

C

Creative and Performing Arts

901 S Broad St, Philadelphia, PA, 19147

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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