Property
Philadelphia, PA 19107 1210 Walnut Street
$2,850,000
20 more
Presented By: Home Vista Realty
SQFT • 5,733
Home Details
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.
Presented By: Home Vista Realty
Interior Features for 1210 Walnut Street
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1210 Walnut Street
AccessibilityNone
Business TypeRestaurant/Bar, Other/General Retail
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Days on Market31
DirectionsN/A
HeatingForced Air
Lot Size Square Feet2247.00
Lot Size UnitsSquare Feet
MLS Area19107 (19107)
ModificationTimestamp2024-09-18T13:24:03
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
Percent OwnershipFee Simple
Possession31-60 Days CD, 61-90 Days CD
Price Per Sq Ft Total AG497.12
Property SubTypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount19590.0
Tax Assessed Value1399500.0
Tax Lot2
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX5
Exterior for 1210 Walnut Street
Building Area Total5733.00
Car Parking Spaces
Land Assessed Value279900.00
Land Use CodeY50
Lot Dimensions21.00 x 107.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Nereyda Martinez
Associate