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    1420 Locust St, Unit R4 Philadelphia, PA 19102

    For Sale
    $795,000

    Commercial Sale - PHILADELPHIA, PA

    Type:Retail
    Days on Market:
    174
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 1420 Locust St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active

    Building Details

    Year built
    1977
    Building materials
    Masonry

    Maxwell Realty Company Inc (215) 546-6000 [email protected]

    Listing agent Nancy L Alperin (215) 546-6000 License #RM050817L

    Listing date Jun 17, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bilevel Commercial Condo Near Academy

    This is a 2100+ sq ft bilevel commercial condominium located on Locust Street, next to the Academy of Music in Philadelphia, PA. The property is suitable for business owners and investors. The space offers value and an unbeatable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Montgomery Law Education ... Educational Consultant Howard B. Haas, ... Attorney Michael Broder, Ph.D. Life Coach Law Offices of Linda ... Divorce Service Shaw Law Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.16584
    Latitude
    39.94807

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    FAQs

    What type of property is this?
    Retail property - Bilevel commercial condominium in prime location near Academy of Music.
    Where is this retail property located?
    The property is located at 1420 Locust St, Unit R4 Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Prime location on Locust Street, next to the Academy of Music.; - Spacious 2100+ sq ft bilevel commercial condominium.; - Highly visible space suitable for business owners or investors.
    (215) 546-6000
    Request Owner's contact information
    1420 Locust St, Unit R4 Philadelphia, PA 19102
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    Philadelphia, PA 19102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1420 Locust St, Unit R4 Philadelphia, PA 19102
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