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1316 Walnut StreetPhiladelphia, PA 19107Price: $3,800,000

  • Price: $3,800,000
  • 94 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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1316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 191071316 Walnut Street Philadelphia PA 19107
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  • 0.08Acreage
  • 1900Year Built
  • 302Price Per Square Foot
  • 2Units
Opportunity is knocking! This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 5 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 8 two-bedroom units and 1 one-bedroom unit. Not to mention 4 of the units are bi-level. Currently, 7 of the 9 apartments are leased to tenants who operate Airbnb businesses. Liquor license (R) is also available to sell for additional $200,000. Schedule your showing today!!!
Listed by Yulin Zheng of Tesla Realty Group,LLC

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Location Information

  • UsmAreaPhiladelphia -

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed07/02/2026

Location

  • Address1316 Walnut Street
  • Building Number1316
  • CountyPhiladelphia
  • Directionsuse GPS
  • IncorporatedcitynamePhiladelphia
  • StatePA
  • TownPhiladelphia
  • Zip19107

Amenities

  • Accessibility AmenitiesOther

Legal

  • LandusecodeCA0
  • PossessionSettlement
  • Sale TypeStandard

Other

  • ExclusionsAll equipment and furniture that are used to operate the business are excluded in this sale. Liquor license and tenants' personal property
  • View Count2

Basic Information

  • Broker NameTesla Realty Group, LLC
  • List Price$3,800,000
  • MLS NumberPAPH2643478
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot302
  • StatusACT
  • Units2

Building

  • Building Area SourceEstimated
  • Building Area Total12569
  • Construction MaterialsMasonry
  • Year Built1900

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax$19,173
  • City Town Tax Payment FrequencyAnnually
  • School Tax$24,403
  • Tax Assessment Amount$3,113,100
  • Tax Lot89
  • Tax Year2025
  • Taxes$43,577
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.08
  • Business TypeRestaurant/Bar, Apartment Building
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions21.00 x 170.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet3,570
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningCMX5

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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