2042-48 Arch Street

Nestled in the heart of Philadelphia, the area surrounding the property buzzes with a rich tapestry of culture, dining, and retail destinations. Just moments away, Rittenhouse Square offers an inviting respite for office workers, with its lush green spaces and trendy cafes. The iconic Liberty Place and The Shops at Liberty Place provide an unparalleled shopping experience, while the lively energy of Center City invigorates the professional landscape. Additionally, world-class dining establishments such as Vernick Food & Drink and Parc beckon for exceptional business lunches and client entertainment. With its proximity to these renowned landmarks, the location presents an enticing opportunity for office building investors seeking a prime urban setting.SCOPE Commercial Real Estate Services, LLC “SCOPE” is pleased to present the exclusive purchase opportunity of 2042-2048 Arch Street, located at the prime corner of North 21st and Arch Streets in the heart of Center City Philadelphia. The property offers various compelling possibilities for investors or end users including to retain the existing structure as a functional and well-located office building or pursue redevelopment in one of Center City Philadelphia’s most active and evolving corridors. The building features a main entrance and lobby fronting Arch Street, while convenient off-street parking is accessible via Cuthbert Street at the rear of the property. Currently serving as the administrative headquarters for a local non-profit organization, the building has a clear path to vacancy. Spanning approximately 17,940 square feet across two floors, the property sits prominently within Philadelphia’s Central Business District in a neighborhood called Logan Square. The neighborhood sees sustained investment, revitalization, and residential growth. 30th Street Station, the Schuylkill River Trail, Comcast Technology Center, Trader Joe’s, and the cultural institutions lining the Benjamin Franklin Parkway are within easy walking distance. Public transportation is readily accessible along Market Street, and numerous dining and fitness options add to the neighborhood’s appeal for both office workers and residents alike. The broader Market West corridor is undergoing significant transformation, with multiple nearby office-to-residential conversions, such as 2100 Arch Street, Three Parkway, and 1701 Market, adding new residential density to the area. At the same time, the district remains a core destination for law firms, nonprofits, and professional services. This dual momentum of commercial and residential development creates a unique environment where mixed-use opportunities thrive. Whether maintained as an office asset or reimagined through redevelopment, 2042–2048 Arch Street stands out as a flexible and well-positioned property in a neighborhood poised for continued growth.