Retail Space / Pennsylvania / Philadelphia / 19107 / 1221 Walnut Street

1221 Walnut Street

Q: What is the asking price for 1221 Walnut Street in Philadelphia?

The asking price for 1221 Walnut Street is $3,565,000

Q: What is the building size of this Retail property in Philadelphia, PA?

The size of the building/unit at 1221 Walnut Street in Philadelphia is 8,277 square feet.

Q: How much land does the Philadelphia, PA property at 1221 Walnut Street include?

1221 Walnut Street in Philadelphia includes 0.100 acres of land.

Q: What kind of Retail is the propery at 1221 Walnut Street?

The property at 1221 Walnut Street Philadelphia, PA 19107 is listed as a Other Retail Retail property.

Q: What is the population within 1 mile of 1221 Walnut Street?

The population within 1 mile of 1221 Walnut Street Philadelphia, PA 19107 is 85,665 people.

Q: Who do I contact for questions about 1221 Walnut Street?

You should contact the listing agent, Joe Scarpone, for any details regarding this commercial listing.

Philadelphia, PA 19107

Listing ID: 255403

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Building Size: 8,277 SF

Lot Size: 0.100 AC

Land Size: 4,356 SF

Building $/SF: $430.71

Land $/SF: $818.41

Price

$3,565,000

Description

MPN is pleased to exclusively offer for sale a mixed-use property in the heart of Washington Square West’s Commercial corridor. With 24’ of frontage on Walnut Street, 1221 Walnut Street offers tremendous street presence. The ground floor commercial tenant, NAM Cafe, has an initial 5 year term with two, 5-year options, and the entire commercial/restaurant space was rebuilt in 2019. The residential units upstairs are in good condition, with various improvements and new appliances throughout. Some of the units could still be upgraded, and with some of the rents below market, the property has value-add potential. Kitchens have gas cooking and dishwashers. Utilities are separate; tenants pay their own electric and gas cooking bills.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Philadelphia History of Retail Space for Sale

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Listing Demographics for 1221 Walnut Street Philadelphia, PA 19107

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		85,665	457,453	919,550
Population Median Age		39	36	36
Population by Age	0-9 Yrs	4972 (5%)	44820 (9%)	114106 (12%)
	10-19 Yrs	3354 (3%)	48161 (10%)	111959 (12%)
	20-29 Yrs	23491 (27%)	107091 (23%)	179019 (19%)
	30-39 Yrs	20410 (23%)	87294 (19%)	151532 (16%)
	40-49 Yrs	8642 (10%)	45836 (10%)	98358 (10%)
	50-59 Yrs	8216 (9%)	46323 (10%)	103145 (11%)
	60-69 Yrs	7949 (9%)	41165 (8%)	86446 (9%)
	70+ Yrs	8630 (10%)	36762 (8%)	74985 (8%)

Median HH Income		$82,353	$55,682	$42,545
Total Household Income	< 24K	7874 (16%)	52907 (27%)	121497 (33%)
	25-49K	6533 (13%)	34846 (18%)	77671 (21%)
	50-74K	7367 (15%)	28690 (15%)	52641 (14%)
	75-99K	5536 (11%)	19969 (10%)	34388 (9%)
	100-199K	11741 (25%)	36449 (19%)	52585 (14%)
	200K+	7754 (16%)	17371 (9%)	20029 (5%)

Highest Education Level	No Diploma	3634	42672	105896
	Diploma or GED	6335	77648	187032
	Some College	5952	39912	98503
	Assoc. Degree	2001	13296	29463
	Bachelors Degree	25534	78563	110147
	Higher Degree	28361	69883	87954

Total Housing Units		53,563	221,416	422,382
--Owner-Occupied		17,417	83,478	167,330
--Renter-Occupied		29,388	106,753	191,481
Owner-Occupied Values	< 100K	494	11844	59439
	100-199K	981	18266	42427
	200-299K	1979	17700	24989
	300-399K	3592	12692	14929
	400-499K	2562	7416	8583
	500K+	7808	15562	16963

Total Working Age Population		78,906	390,527	742,953
In Work Force		56,417	250,860	446,237
Not In Work Force		22,489	139,666	296,715
Workforce Employed		54,389	232,144	405,000
Workforce Unemployed		1,981	18,530	41,040
Civlian Workforce		56,371	250,674	446,040
Military Workforce		46	186	198

Total Households		46,805	190,232	358,811
Family Households		14,339	81,318	179,107
Non-Family Households		32,465	108,914	179,704
Married Couple		11,890	47,967	83,496
Other Family		2,449	33,351	95,611
Married w/Child		3,203	16,308	29,592
Single Male w/Child		235	2,891	8,071
Single Female w/Child		860	12,013	38,183

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Camden County	508,932	+1	513,657	0	511,800	+2	521,000
Gloucester County	254,673	+13	288,288	+1	292,000	+5	305,800
Pennsylvania	12,281,054	+3	12,702,379	+4	13,230,170	+4	13,759,594
Delaware County	550,864	+1	558,979	+5	588,436	+6	622,307
Montgomery County	750,097	+7	799,874	+5	838,883	+6	891,868
Philadelphia County	1,517,550	+1	1,526,006	+8	1,653,729	+6	1,753,054

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1221 Walnut Street in Philadelphia?

The asking price for 1221 Walnut Street is $3,565,000

What is the building size of this Retail property in Philadelphia, PA?

The size of the building/unit at 1221 Walnut Street in Philadelphia is 8,277 square feet

How much land does the Philadelphia, PA property at 1221 Walnut Street include?

1221 Walnut Street in Philadelphia includes 0.100 acres of land

What kind of Retail is the propery at 1221 Walnut Street?

The property at 1221 Walnut Street Philadelphia, PA 19107 is listed as a Other Retail Retail property

What is the population within 1 mile of 1221 Walnut Street in Philadelphia?

The population within 1 mile of 1221 Walnut Street Philadelphia, PA 19107 is 85,665 people.

Who do I contact for questions about 1221 Walnut Street?

You should contact the listing agent, Joe Scarpone, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Philadelphia International Airport (PHL)	7
Newark Liberty International Airport (EWR)	73
John F Kennedy International Airport (JFK)	87