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    5118 Walnut St Philadelphia, PA 19139

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Philly Retail/Office Space. Ready for Occupancy.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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.

    Property Features for 5118 Walnut St

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $20

    HighLights

    • 3,000 SF single‑tenant space at 5118 Walnut Street, Philadelphia, PA 19139.
    • Newly renovated ground floor space with excellent street frontage and high ceilings.
    • ADA accessible, suitable for various uses including retail, office, fitness, and more.
    • Prime Philadelphia location offering high visibility and foot traffic; immediately available.
    • Close to public transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trinity Wedding Center Wedding Chapel

    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
    -75.224273
    Latitude
    39.9565959

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    FAQs

    What type of property is this?
    Wedding venue - Prime Philly Retail/Office Space. Ready for Occupancy.
    Where is this wedding venue located?
    The property is located at 5118 Walnut St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 3,000 SF single-tenant space at 5118 Walnut Street, Philadelphia, PA 19139.; Newly renovated ground floor space with excellent street frontage and high ceilings.; ADA accessible, suitable for various uses including retail, office, fitness, and more.
    Request Owner's contact information
    5118 Walnut St Philadelphia, PA 19139
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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
    5118 Walnut St Philadelphia, PA 19139
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