Four-Story Historic Office
For Sale
Contact for pricing
1622 Locust St, Philadelphia, PA 19103
Four-story owner-occupied office building with courtyard and parking; historic designation by City of Philadelphia (1967).
Property Size16,000 SF
Days on Market1267
Property Features for 1622 Locust St
General Information
Standard status
Active
Size
16,000 SF
Property subtype
OFFICE
Amenities
courtyard
parking
Building Details
Stories
4
Listing Agency:
MSC Retail - Philadelphia
(215) 883-7389
Listed By:
Josh Weiss · License #RS306451
Source:
Moodyscre
Added: Feb 10, 2023
Changed: Jul 26
Last Checked: Jul 30 at 1:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MSC Retail - Philadelphia
Investment Insights
Based on property information with market context.
This 16,000 SF, four-story owner-occupied office building offers substantial architectural character and a courtyard, along with parking that can be maintained. The property is positioned for an end-user or corporate headquarters, with an option described to convert the existing structure into luxury condominiums or a grande single-family mansion.
Located at 1622 Locust St in Philadelphia, the property was designated as Historic by the City of Philadelphia in 1967. The courtyard and parking are also described as supporting a potential 15,000 SF new construction residential building by right.
With multiple redevelopment paths outlined in the offering, the asset is well-suited for buyers evaluating both continued office use and residential conversion or replacement.
Located at 1622 Locust St in Philadelphia, the property was designated as Historic by the City of Philadelphia in 1967. The courtyard and parking are also described as supporting a potential 15,000 SF new construction residential building by right.
With multiple redevelopment paths outlined in the offering, the asset is well-suited for buyers evaluating both continued office use and residential conversion or replacement.
Key Highlights
- 16,000 SF, four‑story owner‑occupied office building in Rittenhouse Square
- Includes a courtyard and parking on‑site
- Designated Historic by the City of Philadelphia in 1967
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
16,563
Businesses Nearby
Explore this area
Business Placement
Demographics for 19103, PA
28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Market
Vacancy Rate% for Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-story owner-occupied office building with courtyard and parking; historic designation by City of Philadelphia (1967).
Where is this office building located?
The property is located at 1622 Locust St Philadelphia, PA.
What are key features of this property?
This property features: 16,000 SF, four‑story owner‑occupied office building in Rittenhouse Square; Includes a courtyard and parking on‑site; Designated Historic by the City of Philadelphia in 1967
