1118 Walnut St
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1118 Walnut St
10,000 SF 100% Leased Retail Building Philadelphia, PA 19107 For Sale
Investment Highlights
- The property's CMX-4 zoning allows for a variety of potential uses, providing flexibility for development.
- Its prime location within the bustling Midtown Village neighborhood and proximity to key districts.
- With three floors dedicated to retail and a top-floor luxury penthouse, the property offers a versatile layout suitable for various businesses.
Executive Summary
Located at 1118 Walnut St in Philadelphia's vibrant Midtown Village neighborhood, this commercial property offers an exceptional opportunity for business ventures seeking a prime location in the heart of the city. Boasting proximity to the bustling Center City office district, the Fashion District, and Jefferson Hospital, this property is strategically positioned to attract a steady flow of foot traffic and clientele. With its CMX-4 zoning and a lot size of 0.06 acres, the possibilities for development are enticing. Featuring three floors of retail space and a top-floor luxury penthouse, the property presents a versatile canvas for retail establishments, dining venues, or office spaces. Its convenient access to street parking and close proximity to East Market Philadelphia further enhance its appeal. Additionally, situated amidst Walnut Street's renowned shopping and dining district, the property benefits from the area's thriving business community and cultural amenities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
B
Year Built
1902
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
4.00
Lot Size
0.06 AC
Zoning
CMX-4 - Mixed use development
Frontage
24 FT on Walnut St
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 882626320 | Improvements Assessment | $1,439,200 |
| Land Assessment | $359,800 | Total Assessment | $1,799,000 |
PROPERTY TAXES
Parcel Number
882626320
Land Assessment
$359,800
Improvements Assessment
$1,439,200
Total Assessment
$1,799,000
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1118 Walnut St
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