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$62,500
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Property Description
Prime retail space on the highly coveted corner of 15th and Walnut Streets in Center City. The space, located in the historic Drexel Building which was originally built between 1925 and 1927 as the offices of The Drexel Bank, was most recently used as an LA Fitness gym. The current configuration consists of a ground floor, basement and two cat walk mezzanines. Beautiful original building details remain throughout such as a vault, wood carved ceiling and oversized windows looking onto 15th and Walnut Streets. Located three blocks from Rittenhouse Square and one block from Broad Street in the heart of the city's commercial, retail, residential and dining district. Ideal for a full service restaurant, retailer, hospitality user, showroom or another creative space.
Full Property Details
Full Property Details for 1435 Walnut St #GR FL
General
- Price: $62,500
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2467810
- Updated: 12/17/2025
- Added to Site: 320 day(s) ago
Business
- Business Type: Big Box Retail, Flex, Hair Salon and Spa, Health Club
Rental Information
- Lease/Rent Term: Negotiable
Parking
- Parking Type: None
Location
- Area: 19102 (19102)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Building Name: DREXEL BUILDING
- Driving Directions: -
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Aprox. Leasable: 14,000 Sq. Ft.
- Current Bldg. Use: Other
- Year Built: 1928
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,912
- Lot Size Source: Estimated
- Lot Dimensions: 72.00 x 96.00
- Zoning: CMX5
Financial Considerations
- Price Per Sq. Ft.: $4.46
- School Tax: $69,945
- City/TownTax: $57,524
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by Allan Domb Real Estate, Allan Domb
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Schools
Schools serving 1435 Walnut St #GR FL
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.7 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1435 Walnut St #GR FL
Date
Details
Price
Change
Source
4/08/2025
Listed
$62,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1435 Walnut St #GR FL
1435 Walnut Street #GR FL, Philadelphia, PA 19102 (MLS# PAPH2467810) is a Commercial Lease property. 1435 Walnut Street #GR FL is currently listed for $62,500 and was received on April 08, 2025. Want to learn more about 1435 Walnut Street #GR FL? Do you have questions about finding other Commercial Lease real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

