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Thena Hotel 1325 Spruce St 9 Room Hotel Philadelphia, PA 19107 $3,942,633 CAD ($438,070 CAD/Room)
EXECUTIVE SUMMARY
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 AllStar, 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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,942,633 CAD | Building Size | 4,865 SF |
| Price Per Room | $438,070 CAD | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 1974/2023 |
| Property Subtype | Hotel | Parking Ratio | 0.41/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.06 AC | ||
| Zoning | CMX5 - Intended to accommodate community- and region-serving mixed use development, including retail and service uses. | ||
| Price | $3,942,633 CAD |
| Price Per Room | $438,070 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 4,865 SF |
| No. Rooms | 9 |
| No. Stories | 5 |
| Year Built/Renovated | 1974/2023 |
| Parking Ratio | 0.41/1,000 SF |
| Corridor | Interior |
| Zoning | CMX5 - Intended to accommodate community- and region-serving mixed use development, including retail and service uses. |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 9 | $450.98 CAD | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 883028000 | Improvements Assessment | $1,317,199 CAD |
| Land Assessment | $329,300 CAD | Total Assessment | $1,646,499 CAD |
PROPERTY TAXES
Parcel Number
883028000
Land Assessment
$329,300 CAD
Improvements Assessment
$1,317,199 CAD
Total Assessment
$1,646,499 CAD
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Thena Hotel | 1325 Spruce St
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