1325 SPRUCE STREET, PHILADELPHIA, PA 19107 | MLS #PAPH2572696 | Berkshire Hathaway HomeServices Fox & Roach
 

1325 SPRUCE STREETPHILADELPHIA, PA 19107

Commercial · 4,865 Sq. ft. | 0.06 Acres
$2,615,000 ACTIVE

1325 SPRUCE STREET Overview

Time on Site:
167 days
Visits:
5

This offering presents the rare opportunity to acquire 1325 Spruce St (aka the Thena Hotel), a fully operational, nine-unit boutique hotel / short-term rental building strategically located in the heart of Philadelphia's Center City. Situated just steps from the Avenue of the Arts, this 4,865 sq ft, four-story masonry building is perfectly positioned to capitalize on Philadelphia's booming tourism and short-term rental (STR) market. The property has been successfully operated with a staff-less model, catering to a mix of short-term vacationers and longer-term corporate and student tenants. With significant upcoming international events and clear paths to enhance operational revenue, the property represents a premier turnkey investment poised for substantial growth. A new operator can immediately unlock significant upside by implementing targeted operational and marketing enhancements that the current owner has not pursued. The property features rear parking and a large basement for efficient housekeeping/maintenance, steps to the Convention Center, City Hall, Avenue of the Arts, and major employers driving steady leisure and business demand. Strong operating history includes premium 2&8 month corporate/student stays alongside nightly bookings, supported by 4.8-star reviews across platforms. 2026 event catalysts (World Cup, MLB All-Star, Semiquincentennial, PGA, March Madness) offer meaningful upside for a compliant, data-driven operator. Value can be unlocked through refreshed design/branding, professional media and direct-booking strategy, light cosmetic upgrades, revenue optimization (sleep configurations/experiences), and streamlined dynamic pricing and operations. Contact us today.

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1325 SPRUCE STREET Facts & Features

  • Type Commercial
  • Sq. ft. 4,865
  • Price/Sq.ft. $538
  • Lot 0.06 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1974

Business Information

  • Business Type: Hotel/Motel,Apartment Building

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19107 (19107)

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Driveway

Tax Information

  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $16,660.00
  • Tax Assessed Value: 1190200.00
  • Tax Year: 2026

General Information

  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: CMX5

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 4865.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Central A/C

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 20.00 x 127.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2540.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 9
  • Sewer: Public Sewer
  • Water Access: No

1325 SPRUCE STREET Neighborhood

Community

19107 (PHILADELPHIA) Demographics

31
Median Age
26,740
Population Density (per sq. mile)
73%
College Educated
$60,676
Estimated Median Income
1,646
Estimated Total Home Owners
6,177
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1325 SPRUCE STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1325 SPRUCE STREET Market Data

Based on the last 30 days in this zip code

$661,763
Average List Price
$571
Average Price per Square Foot
20
Properties Sold
146
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

1325 SPRUCE STREET History

Date Event Value Agent
4/9/2026Source: BRIGHT MLS Price Reduction
$2,615,000 -8.2%
1/14/2026Source: BRIGHT MLS Added to Database
January 14, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
Listing provided courtesy of Compass Pennsylvania, LLC- MLS# PAPH2572696MLS ProviderContact Information: [email protected] - 2674358015