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$399,000
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Property Description
Discover an exceptional opportunity at 1420 Locust St #420 (also known as 1420 Locust St #04A), a sleek and modern commercial space located in the prestigious Academy House. Perfectly situated in the heart of Center City, this prime location offers unparalleled convenience with easy access to public transportation, including buses and subways, and is just steps away from some of the city's best restaurants, bars, and attractions. Currently used as a law office, this versatile space is ideal for a professional business seeking a sophisticated and functional office setting for clients and employees alike. The property also grants access to the beautiful outdoor courtyard, providing a peaceful escape in the middle of the bustling city. Monthly condo fee is $907.94 and includes special assessment, electric and water. Whether you're looking to purchase or lease, this space offers endless potential to elevate your business. Don't miss out on this incredible opportunity to establish your business in one of Philadelphia's most desirable locations! This unit offers the potential to be converted into a residential space at the buyer's expense. Photos are from previous listing.
Full Property Details
Full Property Details for 1420 Locust St #420
General
- Price: $399,000
- Taxes: $2,424 (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2651600
- Updated: 9/30/2026
- Added to Site: 72 day(s) ago
Business
- Business Type: Professional
Parking
- Parking Type: None
Location
- Area: 19102 (19102)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: AVENUE OF THE ARTS
- Driving Directions: Turn onto Locust from Broad St
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 822
- Year Built: 1977
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Zoning: CMX5
Financial Considerations
- Price Per Sq. Ft.: $485.4
- Assessment Year: 2025
- School Tax: $1,357
- City/TownTax: $1,066
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $173,200
- Tax Amount: $2,424
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Lot Number: 121
Listed by KW Empower, Alexander Frederick
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Schools
Schools serving 1420 Locust St #420
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.7 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1420 Locust St #420
Date
Details
Price
Change
Source
7/23/2026
Listed
$399,000
85.58%
MLS
8/28/2009
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1420 Locust St #420
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,427
—
$285,300
17%
2025
$3,427
—
$244,800
—
2024
$3,427
8%
$244,800
8%
2023
$3,173
10%
$226,700
100%
2021
$2,896
-9%
-100%
2023
$3,173
-10%
$181,700
-28%
2020
$3,526
—
$251,900
—
2019
$3,526
—
$251,900
—
2018
$3,526
—
$251,900
—
2017
$3,526
33%
$251,900
15%
2016
$2,646
-10%
$219,000
—
2015
$2,935
—
$219,000
—
2014
$2,935
37%
$219,000
896%
2013
$2,148
—
$21,984
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1420 Locust St #420
1420 Locust Street #420, Philadelphia, PA 19102 (MLS# PAPH2651600) is a Commercial Service property. 1420 Locust Street #420 is currently listed for $399,000 and was received on July 23, 2026. Want to learn more about 1420 Locust Street #420? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

