Ritz-Carlton Commercial Condominiums

1414 South Penn Square, Philadelphia, PA 19107

Property Information

  • For Sale Contact for pricing
  • Property Type Retail - Street Retail
  • Date Updated Apr 9, 2026

Description

Fully-leased commercial condominiums; GLA: ±6,850 SF (Ground Floor: 2,487 SF, Third Floor: 4,363 SF)

Highlights

  • 100% leased with NNN income in place
  • Diverse tenant mix including La Colombe, Palm Vintage Café, and additional retail plus 100+ storage units
  • Flagship retail opportunity opposite City Hall at the epicenter of Center City
  • Located within the luxury Ritz-Carlton Residences and connected to a 299-room Ritz-Carlton Hotel, enhancing prestige and foot traffic
  • Strong in-place income with projected NOI of ~$340K and 7.5-year weighted average lease term

Contacts

Michael Gorman

Metro Commercial

Location

Located at 1414 South Penn Square, Philadelphia, PA 19107, this property is part of the Center City West neighborhood and Philadelphia market.

  • 100/100 Walker's Paradise
  • 100/100 Rider's Paradise
  • 83/100 Very Bikeable
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Contact Listing Broker
Michael Gorman

Metro Commercial

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