Property Description

Extraordinary Rittenhouse Square Development Opportunity - (price is 875K for each property, 1.75M total) A rare offering in the heart of Rittenhouse Square, this expansive, multi-property presents limitless potential for an inspired buyer or developer. Spanning three 3 story conjoined buildings across two parcels, let your imagination meet one of Philadelphia’s most coveted neighborhoods. The first parcel includes 2014 Sansom Street and 2013 Moravian Street. 2014 Sansom is a three-story storefront property that has been home to an architect’s office since the 1970s. Above the commercial space sits a 1,500 sq ft, two-bedroom, one-bath bi-level apartment with a private deck. 2013 Moravian Street is a charming three-story 1,400 sq ft rowhome featuring two bedrooms, one full bath, a roof deck and a courtyard shared with 2014 Sansom. The second parcel, 2016 Sansom Street, mirrors the storefront-and-residence configuration, offering a ground-floor commercial space with a 1,500 sq ft, two-bedroom, one-bath bi-level apartment above. The storefronts between 2014 and 2016 Sansom have been opened and the apartment access reconfigured, creating a seamless flow between buildings—the parcels must be purchased together. All three rental units are currently rented with 12 month leases. Zoned CMX-4, this unique assemblage unlocks a wide array of adaptive reuse possibilities, including commercial, luxury single-family, or multi-family development. With unmatched location, scale, and flexibility, this is a fabulous opportunity to create something truly exceptional just steps from Rittenhouse Square.

Property Features

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