Search
Mixed-Use Property with Parking Garage
New
For Sale
Contact for pricing

1511-15 Spruce Street & 1517 Spruce Street, Philadelphia, PA 19103

Residential apartments accompany a substantial parking facility within this combined property.

Property Size96,000 SF
Lot Size0.47 Acres
Days on Market2

Property Features for 1511-15 Spruce Street & 1517 Spruce Street

General Information

Standard status Active
Size 96,000 SF
Total Parking Spaces 240
Lot size 0.47 Acres
Property subtype Special Purpose

Site & Location

Neighborhood Center City

Additional Details

Multifamily Units 9
Parking Facility Type parking garage

Building Details

Building Size 96,000 SF
Listing Agency: Binswanger Real Estate
Listed By: Christopher Pennington · License #5006286
Source: Binswanger
Added: Oct 23 Last Checked: Oct 23 at 5:37PM

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 Binswanger Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property brings together two uses across 96,000 SF on .47 acres in Philadelphia. At 1517 Spruce Street, an 8,500-square-foot mixed-use building contains nine apartments, comprising one-bedroom and studio units, along with a carriage house that faces Latimer Street.

The other component, at 1511-15 Spruce Street, is an 87,500-square-foot parking garage with 240 spaces. Both addresses are identified within the Rittenhouse Square submarket.

Key Highlights

  • 96,000 SF across .47 acres in Philadelphia
  • 87,500‑square‑foot parking garage with 240 spaces
  • 8,500‑square‑foot mixed‑use building with 9 apartments

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic Pet Grooming Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

25,331
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential apartments accompany a substantial parking facility within this combined property.
Where is this mixed-use property located?
The property is located at 1511-15 Spruce Street & 1517 Spruce Street Philadelphia, PA.
What are key features of this property?
This property features: 96,000 SF across .47 acres in Philadelphia; 87,500‑square‑foot parking garage with 240 spaces; 8,500‑square‑foot mixed‑use building with 9 apartments
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved