Active
1210 Walnut St
Philadelphia PA, 19107
$2,850,000
$497.12 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.
PAPH2388006
MLSⓇ ID
August 19, 2024
Listed
September 18, 2024
Updated
Map
1210 Walnut St
Philadelphia PA, 19107
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
31
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by YanLing Zhang, with Home Vista Realty
Listing Contact: 2155000569
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/18/2024. 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 9/18/2024 at 6:03 PM UTC
