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    1616 Walnut St Philadelphia, PA 19103

    For Lease
    Contact for pricing

    Second-generation fitness studio space available for rent on Walnut Street.

    Property size:
    3,547 SF
    Lot size:
    0.37 Acres

    Property Features for 1616 Walnut St

    General Information

    Size
    3,547 SF
    Lot size
    0.37 Acres

    Source: MSC Retail - Philadelphia Agent Jacob Cooper

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fitness Studio on Walnut Street

    This is a second-generation fitness studio space with existing infrastructure, bathrooms, and showers. It is ideal for fitness or physical therapy use. The property features a shared or direct entrance off of Walnut Street, located in Philadelphia’s most prestigious retail corridor. Prominent signage opportunities are available on Walnut Street. The property has a size of 3547 square feet and is available now.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Beth Mark, ... Doctor Anne Penman Laser Hypnotherapy Service Philagrafika Art Gallery Helen Huffington, MSS Social Worker Dr. Aurora M. ... Doctor

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Temple of the Lotus, Indego Bike Rental, YMCA, Therapeutic Pilates, Warhorse Barbell Club South

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.168839
    Latitude
    39.949705

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    FAQs

    What type of property is this?
    Fitness center & gym - Second-generation fitness studio space available for rent on Walnut Street.
    Where is this fitness center & gym located?
    The property is located at 1616 Walnut St Philadelphia, PA.
    What are key features of this property?
    This property features: - Prime Location: Situated on Walnut Street, Philadelphia’s most prestigious retail corridor.; - Existing Fitness Infrastructure: 2nd generation fitness studio with existing bathrooms and showers.; - Ideal for Fitness/Therapy: Well-suited for fitness or physical therapy businesses.
    (215) 568-2600
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    1616 Walnut St Philadelphia, PA 19103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1616 Walnut St Philadelphia, PA 19103
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