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Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $2,870
MLS Listing ID PAPH2682444
Style Other
Abv Grd Liv Area 5,400
Year Built 2000
Annual Tax Amount $54,699
Tax Year 2026
Lot Size 9,127 Sqft
Acres 0.21
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Number 2
Fireplace Y
Heat Source Geo-thermal
Exterior
Parking Features Built In, Garage - Rear Entry, Oversized
Garage Spaces 5.0
Water Access N
Accessibility Elevator, 2+ Access Exits
Attached Garage 5
Total Parking Spaces 5
Garage Y
Private Pool No
Building
Foundation Slab
Above Ground Finished SqFt 5400
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 051125010
Ownership Fee Simple
SqFt Source 5400
Acceptable Financing Joint Venture, Negotiable, Conventional, Cash
Listing Terms Joint Venture, Negotiable, Conventional, Cash
Financing Joint Venture,Negotiable,Conventional,Cash
Special Listing Condition Standard
Nearby Locations
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