A 10-story medical office building in downtown Philadelphia is now on the market. It is being offered as a potential redevelopment site, joining other office properties shifting to new uses.
The 135,825-square-foot building at 919–921 Walnut St. is listed for $13.5 million on LoopNet. Built in the early 20th century, it is known as the Neville Building.
According to the listing, the site allows many uses, including residential, hospitality, retail, office, or institutional redevelopment. It is also labeled a “High Vacancy Property.”
Demand for office space continues to contract late in the year. As a result, this property could be the next to transition to a different purpose.
For more information about Philadelphia medical space for sale or lease or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Philadelphia medical commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.
Please visit our website for a full listing of commercial properties for lease or sale, www.wolfcre.com.
