Five-floor Brownstone building zoned Commercial and Residential located in the heart of the Old City on a prime street traffic area. Open Space of over 8000 sq. ft. to be converted into 4-8 luxury lofts or into a boutique hotel. The ground level (2000 sq. ft.) has been used as an Art gallery for the last 30 years with the upper floors (over 1500 sq.ft. each) used as storage. There is a freight elevator in place and the potential to reconfigure the back of the building into parking. All floors have the original wooden flat boards,12 ft. high ceilings and large windows and the property is registered with the Philadelphia Historical Commission.Old City is arguably one of the most popular and sought after residential neighborhoods in Center City and is well known to be the most historical square mile in the US. Put on your architect hat and bring your creative ideas to this MUST SEE property!