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Storefront Retail with Glass Frontage
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1111-13 Walnut St, Philadelphia, PA 19107

Divisible retail/restaurant space zoned CMX-5 with high ceilings, floor-to-ceiling windows, and existing kitchen and bar systems.

Property Size5,200 SF
Days on Market1269

Property Features for 1111-13 Walnut St

General Information

Standard status Active
Size 5,200 SF
Net Rentable 5,200 SF
Property subtype RETAIL
Zoning CMX-5
Lease Type SF/mo

Space & Availability

Available Space 5,200 SF
Contiguous Space 5,200 SF
Divisible Yes
Space Use Retail
Furnished Yes

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Frontage 38 ft

Amenities

high ceilings
multiple design/layout options
existing office/bathrooms
floor-to-ceiling windows
rear loading
trash
Listing Agency: MPN Realty, Inc.
Listed By: Joe Scarpone · License #RS290724
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 30 Last Checked: Jul 30 at 1:58PM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

This divisible storefront space offers 5,200 +/- SF and multiple layout options, supported by high ceilings and floor-to-ceiling windows. The space includes existing office and bathrooms, with existing FF&E in place for second-generation restaurant use, including an existing hood, basement walk-ins, and a 16-line tap system. With the available frontage, there is potential for outdoor dining.

The storefront features 38’ of double-wide glass frontage on Walnut Street, with rear loading and trash to support daily operations. The property is zoned CMX-5.

The surrounding area is seeing continued development, with Neighborhood Developments planned for delivery between 2023 and 2024, including Jefferson’s Specialty Care Pavilion at 12th & Chestnut and a 412-unit mixed-use project at 12th & Sansom. Additional nearby projects include the Blue Ivy Hotel at 11th & Sansom, a 111-unit apartment building on the corner of 11th & Walnut, and Patco Subway stops at 9th & Locust and 13th and Locust.

Key Highlights

  • 5,200 +/- SF divisible storefront space with multiple design/layout options
  • 38’ of double‑wide glass frontage on Walnut Street
  • Existing FF&E for second‑generation restaurant use, including hood, basement walk‑ins, and 16‑line tap system

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$4.67 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

25,174
Businesses Nearby
231k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 33% Groceries 25% Hotels & Casinos 20% Apparel 15%
Whole Foods Market Groceries
37,607 visits/mo 0.4 miles
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.3 miles
ACME Markets Groceries
20,427 visits/mo 0.4 miles
UNIQLO Apparel
20,066 visits/mo 0.5 miles
Starbucks Dining
16,511 visits/mo 0.5 miles

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$26.46 /SF/Yr
Avg Asking Price
$0.52–$100 /SF/Yr
Price Range
4,542 SF
Avg Space Size

This space is priced 18% above the average of $26.46 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Divisible retail/restaurant space zoned CMX-5 with high ceilings, floor-to-ceiling windows, and existing kitchen and bar systems.
Where is this storefront property located?
The property is located at 1111-13 Walnut St Philadelphia, PA.
What is the lease rate?
The lease rate is $13,500 /Mo.
What are key features of this property?
This property features: 5,200 +/- SF divisible storefront space with multiple design/layout options; 38’ of double‑wide glass frontage on Walnut Street; Existing FF&E for second‑generation restaurant use, including hood, basement walk‑ins, and 16‑line tap system
(267) 238-1728 Call to check price and availability
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