1111-13 Walnut Street, Philadelphia, PA 19107
Restaurant-ready storefront with substantial glass frontage, existing kitchen systems, and flexible interior layout options.
- Added:
- Dec 21, 2025
- Days on Market:
- 175
- Last Refresh:
- Jun 14 at 1:41 am
Property Features for 1111-13 Walnut Street
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing agent Veronica Gintel Blum License #RS290724 (215) 413-4900
Listing office Mallin Panchelli Nadel Realty Inc (215) 413-4900
Listing date Dec 21, 2025
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mallin Panchelli Nadel Realty Inc
HighLights
- 5,200 +/- SF space with a lower level plus bathrooms, office, and support space
- 38' double‑wide glass frontage on Walnut Street with floor‑to‑ceiling windows
- Restaurant‑ready with existing FF&E including hoods and walk‑ins on the first floor and basement
- Existing 16‑line tap system in place (outdoor dining potential noted)
- CMX‑5 zoning; rear loading and trash
- Public transit nearby: PATCO subway stops at 9th & Locust and 13th & Locust
Overview
The property has approximately 38’ of double-wide glass frontage on Walnut Street and is set up for street-level retail presence. Rear loading and trash service are available to support day-to-day operations.
Zoned CMX-5, the space is positioned for a strong fit for a second-generation restaurant operator seeking an interior that already includes major kitchen components and supporting rooms. The existing office and bathrooms can support staff and customer needs, while the building’s interior volume and window lines may also support concepts that contemplate outdoor dining, subject to applicable approvals. Nearby activity includes Jefferson Hospital and other retail traffic generated by the surrounding commercial environment, with Patco Subway stops at 9th & Locust and 13th & Locust.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.2k | $21.00 |
| − Vacancy | −$8.7k | −$1.68 |
| EGI | $100.5k | $19.32 |
| − OpEx | −$25.1k | −$4.83 |
| NOI | $75.3k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.15959
- Latitude
- 39.949029
