Current Use by Public Records
- Oneida Fire Protection / Security Service
- Voltage Lounge / Music Venue / Bar & Pub
- Missio Seminary / Religious School
- Nextus Billing Solutions / Medical Billing Service
- WSFS ATM / Atm
Property Details for 421 7Th St
- Year built
- 1938
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
This 174,544-square-foot creative office building, originally constructed in 1938 and renovated in 2000, offers a unique blend of historic charm and modern amenities. Located in Philadelphia's vibrant Spring Arts neighborhood, this multi-tenant property features 42,714 square feet of currently vacant space, with a maximum contiguous space of 19,491 square feet. Suites boast efficient layouts, oversized windows providing abundant natural light, hardwood floors, high ceilings (14'-20') with exposed brick and mushroom columns, offering dramatic city views. The building's history as the former General Electric Switchgear Building adds to its character. Ideal for small businesses, tech firms, or production companies, this location benefits from its proximity to existing tenants such as Milkboy Studios, the School of Rock, and Beautylish. On-site amenities include parking, a loading dock, and a freight elevator. The Spring Arts neighborhood is experiencing rapid growth, with numerous new restaurants, breweries, and entertainment venues nearby. Its central location provides easy access to Old City, Chinatown, and Northern Liberties. Exceptional walkability (Walk Score 93), bikeability (Bike Score 94), and transit access (Transit Score 100) are complemented by convenient access to major highways (I-676, I-76, and I-95), ensuring easy commutes throughout the city and surrounding areas. The building's annex houses Franklin Music Hall (formerly the Electric Factory). This property presents a rare opportunity to secure prime office space in a thriving, dynamic neighborhood.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.15
- Latitude
- 39.9589
