PA > Philadelphia
Philadelphia, PA 19107,1316 WALNUT ST
Philadelphia, PA 19107,1316 WALNUT ST
Philadelphia, PA 19107,1316 WALNUT ST
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$4,300,000
Est. payment /mo
12,569 SqFt
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UPDATED:

10/02/2024 09:28 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,569 sqft

Price per Sqft $342

MLS Listing ID PAPH2405586

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $43,577

Tax Year 2024

Lot Size 3,570 Sqft

Acres 0.08

Lot Dimensions 21.00 x 170.00

Property Description

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!!!

Location

State PA

County Philadelphia

Area 19107 (19107)

Zoning CMX5

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881012206

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Yulin Zheng • Tesla Realty Group, LLC
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1316 WALNUT ST

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