1318 Walnut St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19107
$2,100,000 USD
856-263-2245
1318 Walnut St, Philadelphia, PA for Sale
$2,100,000 USD
Storefront Retail/Residential - FOR SALE
1/22
null | Request Cap Rate

1318 Walnut St
Philadelphia, PA 19107


HIGHLIGHTS

  • Built in 1900, the property has historical significance with an updated interior.
  • Features include street parking and 3 ½ floors with a full-height basement.
  • Boasts ground floor retail space on a vibrant retail corridor, ensuring visibility and accessibility for potential businesses.
  • Proximity to the Center City office district, offering access to a bustling hub of business activity.

OVERVIEW

Nestled in the heart of Philadelphia’s vibrant Midtown Village neighborhood, 1318 Walnut St presents an exceptional opportunity for businesses seeking prime commercial space in one of the city's most dynamic areas. Boasting proximity to the bustling Center City office district, the esteemed Philadelphia Convention Center, and the renowned Jefferson Hospital, this property offers unparalleled access to a thriving business ecosystem ripe with networking opportunities and potential collaborations. Built-in 1900, this gem sits on 0.08 acres of land and features street parking, making it an attractive choice for businesses looking to establish a presence in a bustling urban environment. With 3 ½ floors and a full-height basement, the property offers versatile space ideal for retail, office, or hospitality ventures. Its strategic location, just steps from Broad Street and multiple public transit options, ensures maximum visibility and accessibility for customers and employees alike. Moreover, the area is replete with cultural landmarks, including the iconic Liberty Bell and Independence Mall, drawing in a steady stream of foot traffic and enhancing the property's appeal. Whether you're a budding entrepreneur or an established enterprise, seize the opportunity to capitalize on the vibrant energy and endless possibilities of Midtown Village. Contact us today to explore this prime commercial space and elevate your business to new heights.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C5

APN/PARCEL ID

871011350

ASK ABOUT THIS PROPERTY

Larry SteinbergColliersMore Info
856-263-2245

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Larry SteinbergColliersMore Info
856-263-2245

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.