1600 Spruce St, Philadelphia, PA 19103

Property Description

Presenting 1600 Spruce Street: a mixed-use property 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