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Listed by Veronica Gintel Blum • Mallin Panchelli Nadel Realty Inc
$2,950,000
Est. payment /mo
2,350 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2673656
Year Built 1900
Annual Tax Amount $31,791
Tax Year 2027
Lot Size 2,350 Sqft
Acres 0.05
Lot Dimensions 24' x 100'
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
1118 Walnut Street presents a rare opportunity to acquire an architecturally significant, mixed-use property in the heart of Center City. Built in 1901 and designed by noted Philadelphia architect Edward P. Hazlehurst, the 7,864 SF, four-story property is listed on the Philadelphia Register of Historic Places as the historic Peter Thomson Store and features a distinguished limestone façade. Delivered entirely vacant, the building offers immediate flexibility for owner occupancy, redevelopment, repositioning, or lease-up. The property features approximately 24 feet of Walnut Street frontage, open and adaptable upper floors, elevator access to all floors, and a full-floor two-bedroom penthouse residence. CMX-4 zoning permits a broad range of commercial, residential, office, medical, institutional, and retail uses.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX4
Interior
Hot Water 60+ Gallon Tank
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Elevator
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 882626320
Ownership Fee Simple
Special Listing Condition Standard
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