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1619 Walnut St 21 Philadelphia, PA 19103-5419

OFF-MARKET Investment properties Google Maps
42,624 SF 0.14 ac lot Built 1937
Entity Owned Free & Clear
Estimated value (blended)
$4.31M
Range $3.88M – $4.74M (±10%)
Property ID US73-1268376

Property summary

AI-generated overview

This exceptional office property, located at 1619 Walnut Street in Philadelphia, Pennsylvania, offers a range of flexible spaces ideal for businesses seeking a prime location in the heart of Rittenhouse Square. The building, a Class B property constructed in 1937 and renovated in 2009, boasts a total of 36,648 square feet. Currently, multiple suites are available, ranging from a minimum of 2,500 square feet to a maximum contiguous space of 10,200 square feet. Each space features efficient floor plans designed to maximize functionality, abundant natural light from multiple window elevations, and includes private offices, conference rooms, a kitchen, and private restrooms. The top-floor suite offers the unique amenity of a private balcony overlooking Walnut Street. This central location provides unparalleled access to Philadelphia's finest dining, museums, theaters, and high-end retail, all within walking distance. Furthermore, the building enjoys exceptional public transportation access, with multiple SEPTA bus routes, the Broad Street Line, PATCO (connecting to New Jersey), and Regional Rail lines (connecting to Philadelphia suburbs) all conveniently located nearby. This property presents a rare opportunity to secure prestigious office space in one of Philadelphia's most desirable neighborhoods. The building is situated in Philadelphia County, zip code 19102.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1937
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,624 SF
Lot 0.14 ac (5,967 SF)
Zoning code CMX5
APN 88-3-0433-00
UPID US73-1268376

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Insurance Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.31M

Owner & transaction history

since 2026
Last sale
$5.2M
4 recorded transactions
2026
$5.2M
2012
Price N/A
2008
Price N/A
2007
$7.1M

Zoning & alternative use

CMX5 · Philadelphia, PA
Zoning description

CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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