1118 Walnut Street

Center City Philadelphia property located in Midtown Village near Washington Square West and the Walnut Street retail corridor, just blocks from Thomas Jefferson University Hospital, Reading Terminal Market, and SEPTA transit. Constructed in 1901 and designed by noted Philadelphia architect Edward P. Hazlehurst, 1118 Walnut Street is recognized on the Philadelphia Register of Historic Places as the historic Peter Thomson Store. Built during the period when Walnut Street emerged as one of Philadelphia’s premier retail streets, the building reflects an era when commercial architecture was intended to convey permanence, craftsmanship, and civic ambition.Introducing 1118 Walnut St, a prime investment opportunity in Philadelphia. This historic 7,864 SF building, constructed in 1900, encompasses 4 individual units – offering ample leasing potential for retail businesses. Zoned CMX4, this property presents a lucrative prospect for a retail or street retail investor seeking a prominent presence in a bustling urban setting. With its ideal location and considerable square footage, this property provides a solid foundation for maximizing returns on retail and commercial investments. Unlock the potential of this standout property, strategically positioned for success in Philadelphia's dynamic real estate market.