Listing Agency: Colliers | Philadelphia Show Phone

Listed By: Larry Steinberg · License #RB065930 Show Phone

Source: Moodyscre

Added: Apr 8, 2025 Changed: Aug 10 Last Checked: Sep 11 at 1:00PM

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Investment Insights

Based on property information with market context.

This retail property features 3 1/2 floors with a full-height basement. The property has a 21-foot frontage on Walnut Street and is situated steps from Broad Street and multiple public transit options. The ground floor offers retail space on a vibrant retail corridor. The property size is 10,800 square feet.

Key Highlights

• Ground floor retail space on vibrant retail corridor
• Steps from Broad Street & multiple public transit options
• Featuring 21' frontage on Walnut Street

Property Analytics

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Current Use

Cohen's Fashion Optical ... Physician Cohen's Fashion Optical ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Veterinary Clinic Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26,359

Businesses Nearby

339k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 35% Apparel 19% Groceries 17% Shops & Services 13%

Whole Foods Market Groceries

37,607 visits/mo 0.5 miles

The Ritz-Carlton, Philadelphia Hotels & Casinos

30,824 visits/mo 0.2 miles

Starbucks Dining

22,463 visits/mo 0.4 miles

ACME Markets Groceries

20,427 visits/mo 0.4 miles

UNIQLO Apparel

20,066 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019

8.2% 2020

7.8% 2021

6.6% 2022

6.2% 2023

5.5% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property with full basement, near public transit.

Where is this retail space located?

The property is located at 1318 Walnut St Philadelphia, PA.

What are key features of this property?

This property features: Ground floor retail space on vibrant retail corridor; Steps from Broad Street & multiple public transit options; Featuring 21' frontage on Walnut Street