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735 Walnut Street

PHILADELPHIA, PA 19106
  • $1,475,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: PAPH2102850
UPDATED: 42 min ago
$1,475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1801
County:

School Ratings & Info

Description

MPN Realty, Inc. is pleased to present the exclusive sale of 735 Walnut St. This mixed use property is exceptionally located in Washington Square West. The property features a commercial space, (1) 1 bed/ 1 bath apartment, and (1) bi-level 2 bed/ 1 bath unit. The commercial space is currently vacant, making the site ideal for an owner-user. Both apartments are master leased to an AirBnb rental company through November 2023, and the tenant has (1) 2 year renewal option with built in increases. Located in the midst of Washington Square West, Jewelers Row, Society Hill and Market East/ Midtown Village, this location offers many restaurants and great shopping. Surrounded by Penn and Jefferson Hospitals, as well as the highrise buildings on Washington Square, there is an ongoing supply of residential tenants and patrons for the retail space.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T08:51:00.55.
www.newhometeammd.com/homes/127522567
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735 Walnut Street PHILADELPHIA, PA 19106

  • Price: $1,475,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 42 min ago
  • ID#: PAPH2102850
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1801
Built
Neighborhood:
19106 (19106)
County:
Philadelphia
Area:
19106 (19106)
School District:
The School District Of Philadelphia
Property Description
MPN Realty, Inc. is pleased to present the exclusive sale of 735 Walnut St. This mixed use property is exceptionally located in Washington Square West. The property features a commercial space, (1) 1 bed/ 1 bath apartment, and (1) bi-level 2 bed/ 1 bath unit. The commercial space is currently vacant, making the site ideal for an owner-user. Both apartments are master leased to an AirBnb rental company through November 2023, and the tenant has (1) 2 year renewal option with built in increases. Located in the midst of Washington Square West, Jewelers Row, Society Hill and Market East/ Midtown Village, this location offers many restaurants and great shopping. Surrounded by Penn and Jefferson Hospitals, as well as the highrise buildings on Washington Square, there is an ongoing supply of residential tenants and patrons for the retail space.
Exterior Features

Construction Materials MixedBrick Garage YN No Location Type Business District Parking Types None Riparian Rights YN No Roof FlatShingle View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3950.00 Cooling Central A/C Flooring ConcreteLuxury Vinyl Plank Heating CentralHeat Pump - Electric Backup Heating YN Yes Net Square Feet 2000.00 Security Features Carbon Monoxide Detector(S)Fire Detection SystemMain Entrance LockIntercom

Property Features

Accessibility Features None Assessment Year 2022 Business Type Day Care FacilityFlexHair Salon And SpaHealth ClubMedicalProfessionalOther Central Air YN Yes Cooling Fuel Electric Cross Street 8TH Electric 110 Volts200+ Amp Service Entry Level 1 Foundation Details Brick/Mortar Ground Rent Payment Frequency Annually Heating Fuel Electric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801465588838 Ownership Interest Other Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 12438.00 Tax Assessment Amount 888600.00 Tax Lot 87 Vacation Rental YN No Water Source Public Zoning Cmx5

Listing courtesy of Mallin Panchelli Nadel Realty Inc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-28T08:51:00.55.
 
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