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About This Home

This 0-bedroom, 0-bathroom other at 1325 SPRUCE Street in PHILADELPHIA, PA is listed for $2,850,000. Built in 1974, on a 0.06 acres lot.

Agent 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.

Key Features

  • Built in 1974
  • 0.06 acre lot
  • 2 parking spaces

Property Details

2 spaces
1974

Amenities

A/C

Monthly Cost Estimate

$15,242/mo

20% down · 6.5% · 30 years

Principal$2,061
Interest$12,350
Insurance$831

Estimates only. Actual payments may vary.

Location

1325 SPRUCE Street

PHILADELPHIA, PA 19107

Property Details

Construction

Brick

Parking

Driveway

Heating

Other (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 1325 SPRUCE Street is listed at $2,850,000. The estimated monthly payment is $12,350 based on 20% down at 6.5% interest.

Key features include: Built in 1974, 0.06 acre lot, 2 parking spaces.

This property is listed by Michael D Phillips and can be reached at 2677139616 or michael.phillips@compass.com.

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MP

Michael D Phillips

Agent at Compass Pennsylvania, LLC

(267) 713-9616

Listed by Compass Pennsylvania, LLC

MLS# PAPH2572696· Source: listhub· Updated 86 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1325 SPRUCE Street, PHILADELPHIA, PA 19107

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