Active

1316 Walnut St

Philadelphia PA, 19107

$4,300,000


$342.11 per sqft

Active

12,569 sqft

Commercial

Built in 1900

Opportunity is knocking! This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 7 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 8 two-bedroom units and 1 one-bedroom unit. Not to mention 4 of the units are bi-level. Currently, 7 of the 9 apartments are leased to tenants who operate Airbnb businesses. Liquor license (R) is also available to sell for additional $200,000. Schedule your showing today!!!

PAPH2405586

MLS ID

October 2, 2024

Listed

November 22, 2024

Updated

Map

1316 Walnut St
Philadelphia PA, 19107

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.08 Acres


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$43,577


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No

Listed by Tesla Realty Group, LLC
Listing Contact: 2156886783 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/22/2024 at 4:11 AM UTC

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