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    2216 Walnut St Philadelphia, PA 19103

    For Lease
    $40 SF/Yr ($4,800 /Mo)

    1,440 SF retail space in newly renovated building.

    Property size:
    1,440 SF
    Lot size:
    0.06 Acres

    Property Features for 2216 Walnut St

    General Information

    Size
    1,440 SF
    Lot size
    0.06 Acres

    Source: MPN Realty, Inc. Agent Nadia Bilynsky

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

    Overview

    Rittenhouse Square Retail Space Available

    This 1,440 square foot street-level retail space is located at the intersection of 22nd and Walnut Streets. The newly renovated building features a new retail storefront and systems. A lower level is available for storage or back-of-house functions. The property includes rear loading access. Situated in Rittenhouse Square, the location is directly over the bridge from University City. The zoning is RMX-3. This space is suitable for a variety of businesses, including cafes, food and beverage establishments, fitness centers, salons, and other service-oriented retail.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1783
    Latitude
    39.950836

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    FAQs

    What type of property is this?
    Retail space - 1,440 SF retail space in newly renovated building.
    Where is this retail space located?
    The property is located at 2216 Walnut St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime Rittenhouse Square location, bridging University City.; - Newly renovated building with new retail storefront and systems.; - 1,440 SF of street-level retail space.
    (267) 441-0601
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    2216 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
    2216 Walnut St Philadelphia, PA 19103
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