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    137 Berkley St Philadelphia, PA 19144

    Sponsored
    For Lease
    $19 SF/Yr

    Historic building, flexible layouts, ideal location

    Lot size:
    4,115 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,115 square foot office space, located at 137 Berkley St in Philadelphia, PA 19144, offers a unique blend of historic charm and modern functionality. Situated in a former pencil factory, this two-story building boasts two separate 2,000+ square foot spaces, easily combined for a larger footprint or leased individually to suit diverse business needs. The property underwent renovations in 2019, preserving its original character while incorporating contemporary amenities. Features include exposed brick, high ceilings, original hardwood floors, and multiple kitchenettes and bathrooms. Each space offers a blend of private offices and adaptable open floor plans, providing flexibility for various work styles. The building benefits from excellent accessibility, with easy access to SEPTA public transportation, Route 1, and I-76. The CMX-2.5 zoning allows for a variety of commercial uses. This single-tenant property is available for occupancy on November 15, 2024. The building is part of the Wayne Junction revitalization project, a $56 million initiative transforming the neighborhood. This property is perfect for businesses seeking a unique and well-located office space in a vibrant Philadelphia neighborhood. The cross street is Wayne Avenue.

    Property Features for 137 Berkley St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,115 SF

    Building Details

    Year Renovated
    2019
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    4,115 SF
    Rate per SF
    $19

    HighLights

    • 4,115 SF office space at 137 Berkley St, Philadelphia, PA 19144.
    • Two‑story building with two 2,000+ SF spaces, leasable individually or combined.
    • 2019 renovations blending historic charm (exposed brick, high ceilings, hardwood floors) with modern amenities (multiple kitchenettes & bathrooms).
    • Flexible floor plans with private offices and open areas.
    • Excellent access to SEPTA, Route 1, I‑76; CMX‑2.5 zoning.
    • Available November 15, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zeke's BBQ Restaurant Attic Brewing Company Brewery Attuc Brewery Bar David Fonda Photography Photographer David Fonda Fine ... Photographer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.161366195612
    Latitude
    40.022793078118

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    FAQs

    What type of property is this?
    Office space - Historic building, flexible layouts, ideal location
    Where is this office space located?
    The property is located at 137 Berkley St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 4,115 SF office space at 137 Berkley St, Philadelphia, PA 19144.; Two-story building with two 2,000+ SF spaces, leasable individually or combined.; 2019 renovations blending historic charm (exposed brick, high ceilings, hardwood floors) with modern amenities (multiple kitchenettes & bathrooms).
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    137 Berkley St Philadelphia, PA 19144
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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
    137 Berkley St Philadelphia, PA 19144
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