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lx_pre@2.com +1(586) 586-5860

C$ 2,615,000

Est. payment | -/mo

2,540 Sqft Lot

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C$ 2,615,000

Est. payment | -/mo

Save Virtual Tour

2,540 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Lot Size 2,540 Sqft

MLS Listing ID PAPH2572696

Total Units 9

Short Sale No

Originating MLS BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX5

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 2

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Total Parking Spaces 2

Building

New Construction N

Lot Dimensions 20.00 x 127.00

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax Amount C$16,660

Tax Year 2026

Tax ID 883028000

Ownership Fee Simple

Special Sale Standard

testyfx76

Listed by Michael Phillips • Compass Pennsylvania, LLC

NEARBY SCHOOLS & PROPERTIES

“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(586) 586-5861

stagesite-5.test@chime.me

557 SE Washington Ave, Minneapolis, MN, 55455, USA

1325 SPRUCE ST Philadelphia, PA 19107

Lx Member

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1325 SPRUCE ST