1325 SPRUCE STREET Overview
- Time on Site:
- 166 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.
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
1325 SPRUCE STREET Monthly Cost
1325 SPRUCE STREET Market Data
Based on the last 30 days in this zip code
1325 SPRUCE STREET History
| Date | Value | Agent |
|---|---|---|
| 4/9/2026Source: BRIGHT MLS | $2,615,000 -8.2% |
|
| 1/14/2026Source: BRIGHT MLS | January 14, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 09, 2021 |
Contact Information: [email protected] - 2674358015