1118 Walnut Street Philadelphia, PA ^$ 2,950,000

1118 Walnut Street

^$ 2,950,000

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1118 Walnut Street

Philadelphia, PA, 19107

^$ 2,950,000

Bedrooms-- Baths-- Sq 7,864

Monthly Estimate*

^$ 20,375

1118 Walnut Street, Philadelphia, PA 19107 - Image 1

1118 Walnut Street, Philadelphia, PA 19107 - Image 2

Commercial Property for sale in Philadelphia, PA

for $2,950,000. This 7,864 square foot building was built in 1900 on a lot size of 0.05.

1118 Walnut Street presents a rare opportunity to acquire an architecturally significant, mixed-use property in the heart of Center City. Built in 1901 and designed by noted Philadelphia architect Edward P. Hazlehurst, the 7,864 SF, four-story property is listed on the Philadelphia Register of Historic Places as the historic Peter Thomson Store and features a distinguished limestone faade. Delivered entirely vacant, the building offers immediate flexibility for owner occupancy, redevelopment, repositioning, or lease-up. The property features approximately 24 feet of Walnut Street frontage, open and adaptable upper floors, elevator access to all floors, and a full-floor two-bedroom penthouse residence. CMX-4 zoning permits a broad range of commercial, residential, office, medical, institutional, and retail uses.

Commercial Active

Price

^$ 2,950,000

Property Type

Commercial

Taxes

^$ 31,791

Style

General Retail

Lot Size

0.05

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2673656

Features

Interior

Heating Fuel Natural Gas

Hot Water 60+ Gallon Tank

Total Stories 4

Heating Y/N Y

Central Air Y/N Y

Number of Elevators 1

General

Sewer Public Sewer

Heating 90% Forced Air

Cooling Central A/C

Possession Negotiable

Zoning CMX4

Construction Materials Masonry

Year Built 1900

Property Subtype Mixed Use

Tax Year 2027

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Other/General Retail

Accessibility Elevator

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Possible Use Apartment Building Commercial Hotel/Motel Investment Mixed Use Multi-Family Office Retail

Water Access Y/N N

Status ACTIVE

Directions Between 11th & 12th Sts on Walnut St.

City PHILADELPHIA

MLS Area 19107 (19107)

Lot Size Units Square Feet

Lot Size Square Feet 2350.02

Tax Annual Amount 31791.0

Price Per Sq Ft Total AG 375.13

Historic Y/N Y

Vacation Rental Y/N N

Location Type Downtown

Standard Status Active

Year Built Source Assessor

Tax Lot 82

Exterior

Water Source Public

Type of Parking None

Water View Y/N N

Building Area Total 7864.00

Lot Dimensions 24' x 100'

Lot Size Acres 0.05

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 454200.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1118

* Excluded Features

List By

Mallin Panchelli Nadel Realty Inc

Broker

vblum@mpnrealty.com

Affordability Calculator

$23,024

Per Month

Monthly Principal & Interest: $20,375
Monthly Property Taxes: $2,649
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,165,494

Percent of Sale Price 60%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$2,950,000		Listed Price

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1118 Walnut Street, Philadelphia, PA, 19107 is a Commercial Property for sale at $2,950,000 with 7,864 sqft and a lot size of 0.05. 1118 Walnut Street was built in 1900. The property's zip code is 19107 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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1118 Walnut Street

Commercial Property for sale in Philadelphia, PA

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