1123 Walnut St

1123 Walnut St, Philadelphia, PA 19107

Property Information

  • For Sale $2,930,000
  • Property Type Retail - Street Retail
  • Property Size 6,776 SF
  • Lot Size 0.07 Acre
  • Year Built 1900
  • Date Updated Jul 21, 2026

Description

Mixed-use building on Walnut Street between Washington Square West and Midtown Village with prominent frontage, proximate to Jefferson Hospital and a dense daytime workforce.MPN Realty, Inc., is pleased to exclusively present for sale this mixed-use property and redevelopment opportunity at 1123 Walnut Street. Located on the border of Washington Square West and Midtown Village, this building has been primarily a single-use bar/restaurant for the last 40 years. Surrounded by Jefferson Hospital, a dense population of daytime office workers, and a growing residential population, this heavily trafficked street is busy at all times of day. With 22 feet of frontage on Walnut Street, 1123 Walnut has great exposure and takes advantage of it with wonderful outdoor seating. It is a rare plus to run straight through to Moravian Street, which allows for easy delivery and trash pick-up. As it currently operates, The Hayes is on the first & second floors, with a full bar on each level, and a kitchen in the rear of the first floor. Upstairs is a mix of raw and office space. Included in the sale are all Furniture, Fixtures & Equipment of the restaurant and the “R” Liquor License that is in place. 1123 Walnut is zoned CMX-5, which allows multiple uses with residential above.

Highlights

  • 22 feet of frontage on Walnut Street with great exposure
  • Full bar on first and second floors
  • Growing residential population
  • Heavily trafficked street busy at all times of day
  • Includes all Furniture, Fixtures & Equipment of the restaurant
  • Includes 'R' Liquor License
  • Kitchen in the rear of the first floor
  • Mix of raw and office space upstairs
  • Runs straight through to Moravian Street for easy delivery and trash pick-up
  • Surrounded by Jefferson Hospital and dense population of daytime office workers
  • Wonderful outdoor seating
  • Zoned CMX-5, which allows multiple uses with residential above

Contacts

Location

Located at 1123 Walnut St, Philadelphia, PA 19107, this property is part of the Washington Square West neighborhood and Philadelphia market.

Contact Listing Broker
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