1600 Spruce St
Property Description
MPN Realty is pleased to serve as Exclusive Agent representing the Ownership in the Sale of 1600 Spruce Street, in Philadelphia PA. The Property is situated on the prime corner of 16th and Spruce Streets, in Philadelphia’s most prestigious neighborhood: Rittenhouse Square. Originally built in the mid-1800s, the Ownership has renovated and upgraded the building in recent years. The fully occupied property consists of two 2-bedroom apartments, a professional office suite, and a highly visible retail space occupied by Weckerly’s Ice Cream on a NNN lease. 1600 Spruce Street is turnkey asset combining stable income with recent upgrades and a premier location. Highlights: • Turnkey 4-unit mixed-use corner property • Prime Rittenhouse Square neighborhood • Fully leased and recently renovated • High-visibility retail space leased to strong tenant on a NNN lease
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,750,000 |
| No. of Units: | 4 |
| Year Built: | 1800 |
| Lot Size: | 0.03 Acres |
| Opportunity Zone: | No |
| Price per unit: | $437,500 |
| Property Website | Click Here |
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