Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5400.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Geothermal, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    5

  • Parking

    Oversized, Garage, Attached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.21

  • Lot Size(square feet)

    9,127

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $15,500,000

  • Tax Amount

    $54,699

  • Zoning

    CMX-3 is a Philadelphia zoning classification that allows a mix of residential and commercial uses.

  • Sq. Footage

    5,400

  • Price/SqFt

    $2,870

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Elevator Installed

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    572

  • Water Source

    Public

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Location

County

PHILADELPHIA

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Listing Courtesy of Kyle Marquis Brown, KW Empower

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Herschel Miller

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A Rare Old City Development Opportunity | Luxury Residential, Boutique Hospitality & Investment Potential

An exceptional opportunity to acquire 232–36 Walnut Street in Philadelphia, offering a compelling combination of location, architectural character, and development potential in the heart of Old City. Situated within the CMX-3 zoning district, the property presents an opportunity for investors, developers, and visionary end users seeking a distinctive Philadelphia asset.

The existing structure features distinctive materials and craftsmanship, including special-cut bubinga wood flooring throughout, solid mahogany interior doors and windows, a French limestone sunroom, and a primary bathroom shower finished in green onyx. Additional features include an elevator with a 900-pound capacity, a second-floor kitchen with Sub-Zero appliances, wine storage designed to accommodate more than 1,100 bottles, and geothermal radiant floor heating. These details distinguish the existing property and offer a rare combination of custom finishes and architectural character.


The offering is accompanied by architectural plans envisioning a luxury multifamily residential development featuring 12 accommodation units, with approximately 41,002 square feet of gross floor area proposed across multiple levels. The architectural package also references air rights associated with 222A–30 Walnut Street, creating an additional consideration for buyers evaluating the property’s development potential. 


An opportunity for the investor with vision. Whether pursuing the proposed residential concept or exploring an alternative strategy, 232–36 Walnut Street offers a distinctive opportunity to evaluate a substantial Philadelphia real estate asset with architectural plans available for review.

232 WALNUT STREET 36

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