About 1210 Walnut St
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.
Features of 1210 Walnut St
| MLS® # | PAPH2434050 |
|---|---|
| Price | $2,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,733 |
| Acres | 0.05 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1210 Walnut St |
|---|---|
| Area | 19107 |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19107 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | January 9th, 2025 |
|---|---|
| Days on Market | 283 |
| Zoning | CMX5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Home Vista Realty |
|---|---|
| Contact Info | (215) 980-8881 |