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    1326 Walnut St Philadelphia, PA 19107

    Sponsored
    For Sale
    $1,450,000

    Prime Philadelphia location, 4,950 SF.

    Property size:
    4,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A, 4,950 square foot executive office building at 1326 Walnut Street in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Located in Midtown Village's vibrant commercial and cultural heart, this property boasts a CMX-5 zoning designation, allowing for either commercial mixed-use development or a complete conversion to multifamily units. The building is currently configured as retail space but offers significant potential for redevelopment. Its prime location, just one block from Broad Street, ensures excellent accessibility via multiple bus routes and the Broad Street Line subway. The building itself is in excellent condition

    Property Features for 1326 Walnut St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,950 SF
    Class
    A

    HighLights

    • Commercial mixed‑use or multifamily development permitted by right.
    • No historic zoning restrictions.
    • Building is structurally sound (sealed and dry).
    • Equipped with an elevator.
    • Prime location on a prominent street with surrounding commercial and residential development.
    • One block from numerous popular restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.163315
    Latitude
    39.94901

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Philadelphia location, 4,950 SF.
    Where is this mixed-use property located?
    The property is located at 1326 Walnut St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Commercial mixed-use or multifamily development permitted by right.; No historic zoning restrictions.; Building is structurally sound (sealed and dry).
    Request Owner's contact information
    1326 Walnut St Philadelphia, PA 19107
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    Philadelphia, PA 19107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1326 Walnut St Philadelphia, PA 19107
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