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1118 Walnut St
For Sale $3,000,000
$3,000,000
- Units
- Unknown Sq Ft
- 2,350 Sq Ft
- Unknown Cap Rate
Description
Global Real Estate Advisors (GREA) extends to well-qualified investors the unique opportunity to acquire the fee simple interest in 1118 Walnut (the “Property” or “Asset”). The Property is a 10,000-square-foot commercial building zoned CMX-4 in the Midtown Village neighborhood of Philadelphia.
This section of Center City is the most institutionally invested area in all of Urban Philadelphia. The East Market Project, culminating with the construction of the Thomas Jefferson Special Care Pavilion, marks over $1B invested in the surrounding blocks. The Property is directly East of Rittenhouse Square and one block from Jefferson University Hospital, positioning it to be redeveloped for a multitude of uses.
1118 Walnut is ripe for repositioning. The street retail space could feature anything from food service to retailers. The upper floors are elevator-served and could host any business that is looking for proximity to Ed’s and Med’s, but does not need street-level exposure. The fourth-floor two-bedroom apartment is a full-floor apartment and offers a penthouse-like feel with vaulted ceilings and direct elevator access into the unit. The Property’s upper levels could also be developed into apartment units, while leaving the street retail for a commercial tenant. Essentially, 1118 Walnut is a blank canvas with permissive zoning, historic charm, and a prime location.
The Asset is located minutes from major thoroughfares such as I-76, I-676, and I-95, providing unparalleled access to the Philadelphia MSA. It is also transit-oriented to allow tenants access to public transportation via the 11th Street Station on the Market-Frankford Line, as well as numerous bus and trolley stops carrying commuters throughout the Philadelphia Region.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,000,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882626320 |
| MLS # | PAPH2580070 |
| Property ID | 321069404 |
| Lot Sqft | 2,350 |
| Zoning | CMX4 |
| Days on Market | 5 |
| Original List Price | Unknown |
| Date Updated | February 03, 2026 |
| Date Created | February 01, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Alex C Prince an agent of . Lic #RS322309
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Data last updated: February 06, 2026.
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Robert Crawford
REAL ESTATE AGENT