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 1, 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 11/1/2024. 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 11/1/2024 at 3:33 AM UTC
