# 1325 SPRUCE Street, PHILADELPHIA, PA 19107

> **TL;DR:** other, $2,850,000, built 1974.
> A/C. Est. $12,350/mo. Listed 86 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,850,000 |
| Year Built | 1974 |
| Lot Size | 2,540 sqft (0.06 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 86 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,350 |
| **Total** | **$12,350** |

## Key Amenities

- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1325 SPRUCE Street, PHILADELPHIA, PA 19107
- **County:** PHILADELPHIA
- **Coordinates:** 39.94710922, -75.16382599
- **Google Maps:** https://www.google.com/maps?q=39.94710922,-75.16382599

## Listing Agent

- **Name:** Michael D Phillips
- **Brokerage:** Compass Pennsylvania, LLC
- **Phone:** 2677139616
- **Email:** michael.phillips@compass.com

## Primary Photo

![1325 SPRUCE Street - Primary Photo](http://lh.rdcpix.com/a3472ddcddf4ce867236ea5b2acceecfl-f922312511r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/1325-spruce-street-philadelphia-pa-19107-h2572696)*

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**MLS#:** PAPH2572696 | **Updated:** 2026-04-23
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1325-spruce-street-philadelphia-pa-19107-h2572696)

---

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