5118 Walnut StPhiladelphia, PA 19139

  • Industrial properties
  • 15,010 SF
For Lease
$10/SF/YR View listing

Property Details for 5118 Walnut St

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
15,010 SF
Zone code
RSA5
Property type
Industrial properties
Property subtype
Other industrial properties
APN
88-4-3510-70
APU
884351070

Description

This exceptional 3,000 square foot single-tenant space is located at 5118 Walnut Street in Philadelphia, Pennsylvania, zip code 19139. The property boasts a newly renovated ground floor location on a highly visible commercial corridor, offering excellent street frontage and high ceilings. Its versatile design makes it ideal for a variety of uses, including fitness centers, retail businesses, offices, salons, or non-profit organizations. The space is ADA accessible, ensuring compliance with accessibility standards and welcoming a broad range of potential tenants. The property is classified as Retail, Office, and Special Purpose, with sub-types including Traditional Office, Coworking, Creative Office, Event space, and Recording Studio, providing significant flexibility for diverse business needs. The building's prime location in Philadelphia offers unparalleled access to a vibrant and densely populated area, ensuring high foot traffic and visibility for any business. The property is immediately available for occupancy, eliminating any waiting period for potential tenants. This is a unique opportunity to secure a high-quality, versatile space in a desirable Philadelphia location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,837,785
    Hospitality
    $4,431,385
    Educational
    $3,686,860
    Medical
    $3,813,657
    Retail
    $5,735,116
5118 Walnut St, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9566
Longitude
-75.2242
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,399
$120,000
$480,000
$600,000
-
$120,000
$480,000
$600,000

FAQs

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