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The Neville Building 919 Walnut St 135,825 SF Office Building Philadelphia, PA 19107 $18,844,921 CAD ($138.74 CAD/SF)



INVESTMENT HIGHLIGHTS
- Situated in the heart of Philadelphia’s Washington Square West neighborhood; steps from Jefferson Health, Pennsylvania Hospital, and Independence Hall
- Excellent access to SEPTA’s Jefferson Station, multiple bus and subway lines, and major thoroughfares including Market, Broad, and I-676
- Opportunity for value-add investors, institutional owners, or developers seeking a prominent downtown asset with flexible repositioning potential
- Flexible CMX-5 zoning
- Surrounded by major hospitals, universities, and employers supporting steady demand for medical office, academic, and multifamily uses
EXECUTIVE SUMMARY
919–921 Walnut Street offers a rare chance to acquire a substantial commercial property in the heart of Philadelphia’s Center City district. Spanning ±135,825 square feet on 0.32 acres, the property is positioned mid-block along Walnut Street between 9th and 10th Streets within the Market East submarket. Zoned CMX-5, the city’s most flexible commercial classification, the site supports a broad range of potential uses, including residential, office, hospitality, retail, or institutional redevelopment. Its current “University” designation reflects a history of institutional occupancy, providing a strong foundation for repositioning.
With growing demand driven by Philadelphia’s healthcare, education, and mixed-use sectors, 919-921 Walnut Street presents a compelling opportunity for investors and developers to reimagine a landmark property in the city’s thriving urban core.
With growing demand driven by Philadelphia’s healthcare, education, and mixed-use sectors, 919-921 Walnut Street presents a compelling opportunity for investors and developers to reimagine a landmark property in the city’s thriving urban core.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
135,825 SF
Building Class
C
Year Built
1910
Price
$18,844,921 CAD
Price Per SF
$138.74 CAD
Tenancy
Single
Building Height
10 Stories
Typical Floor Size
13,583 SF
Slab To Slab
12’
Building FAR
9.74
Lot Size
0.32 AC
Zoning
CMX-5 - CMX-5 districts are primarily intended to accommodate mixed-use development in the central core area of Center City.
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 771695000 | Improvements Assessment | $23,476,906 CAD |
| Land Assessment | $6,740,231 CAD | Total Assessment | $30,217,137 CAD |
PROPERTY TAXES
Parcel Number
771695000
Land Assessment
$6,740,231 CAD
Improvements Assessment
$23,476,906 CAD
Total Assessment
$30,217,137 CAD
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The Neville Building | 919 Walnut St
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