Active
1210 Walnut St
Philadelphia PA, 19107
$2,800,000
$488.40 per sqft
Active
5,733 sqft
Commercial
Built in 1900
Investment Opportunity with High Foot and Car Traffic - Prominent Downtown Location. Featuring a ground-floor shop strategically positioned to capture the bustling foot and car traffic, along with three residential apartments above.
Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.
PAPH2434050
MLSⓇ ID
January 9, 2025
Listed
February 28, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.05 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$19,590
Tax Frequency
Annually
Days on Market
34
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Listed by Home Vista Realty
Listing Contact: 2155000569
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Data last updated on 2/28/2025 at 8:16 PM UTC
