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    1411 Walnut St Philadelphia, PA 19102

    Sponsored
    For Lease
    Contact for pricing

    Historic Bank Building, 7,500 SF Available

    Lot size:
    118,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents a unique chance to lease a significant portion of a landmark Philadelphia building. Located at 1411 Walnut Street in the heart of Philadelphia County, this former Citizens Bank branch offers 7,500 square feet of vacant space within a much larger 118,884 square foot building. The property sits on a 0.21-acre lot and boasts a rich history, having been constructed in 1912 and renovated in 1983. The single-story building is twelve stories tall, reflecting its impressive scale and potential. The property is zoned C5, offering flexibility for a variety of retail uses. Its prime location in Philadelphia, PA, 19102, ensures high visibility and accessibility for customers. The building's substantial size and prominent street presence provide an unparalleled opportunity for a business seeking a high-impact location. Detailed architectural plans and specifications are available upon request. This is a rare chance to secure a piece of Philadelphia's history and establish a thriving retail presence in a vibrant and densely populated area. The property's single-tenant occupancy allows for complete customization and control over the space. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1411 Walnut St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    118,884 SF

    Building Details

    Year Built/Renovated
    1912/1983
    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    Size
    7,500 SF

    HighLights

    • 7,500 SF of vacant retail space available for lease in a 118,884 SF building at 1411 Walnut Street, Philadelphia, PA 19102.
    • Located in a prime location at the intersection of Rittenhouse Square, Avenue of the Arts, and Midtown Village.
    • Ideal for flagship restaurant and retail users.
    • Building features excellent ventilation capabilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Karmarush Design Website Designer 1411 Walnut Street Apartment Building Fernandez Meso Law ... Media Consultant

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1648897
    Latitude
    39.9496351

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    FAQs

    What type of property is this?
    Retail property - Historic Bank Building, 7,500 SF Available
    Where is this retail property located?
    The property is located at 1411 Walnut St Philadelphia, PA.
    What are key features of this property?
    This property features: 7,500 SF of vacant retail space available for lease in a 118,884 SF building at 1411 Walnut Street, Philadelphia, PA 19102.; Located in a prime location at the intersection of Rittenhouse Square, Avenue of the Arts, and Midtown Village.; Ideal for flagship restaurant and retail users.
    Request Owner's contact information
    1411 Walnut St Philadelphia, PA 19102
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    Philadelphia, PA 19102
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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
    1411 Walnut St Philadelphia, PA 19102
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