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sales rep | Brivity IDX

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1622 Locust St , Philadelphia, PA 19103
$6,500,000
Est. Payment: $35,114.13/mo
16236 Sqft
0.15 Acres
Status: active | Days on site: 291
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MSCRE1 - 3332204
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House Description

Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the building’s four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured garden and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.

Highlights

Listed by Josh Weiss , 2156058355 MSC Retail, Inc. , 2155682600. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1854

County

Philadelphia

Area

19103 (19103)

School District

Philadelphia City

Listing ID

PAPH2574160

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:58.00 x 126.00
Garage Capacity:2
Zoning:CMX3
Sewer:Public Sewer
Parking Features:Driveway,2+ Spaces,1+ Spaces
Principal Interest
$35,114
Taxes
$2,836

Home Price

$6,500,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$1,300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,114.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,114.13 $2,836.33 $0.00 $37,950.46
Yearly $421,369.50 $34,036.00 $0.00 $455,405.50
Total $12,641,085.03 $1,021,080.00 $0.00 $13,662,165.03
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS