1111 Walnut StPhiladelphia, PA 19107

This exceptional 5,200-square-foot restaurant space at 1111 Walnut Street in Philadelphia, Pennsylvania, presents a unique owner-user investment opportunity. Currently vacant, this commercial condominium offers a turnkey solution for a discerning restaurateur. Boasting 38 feet of double-wide glass frontage on Walnut Street, the property benefits from high ceilings, multiple design and layout options, and existing office and bathroom facilities. The space includes substantial existing fixtures, furniture, and equipment (FF&E), including a functional hood system, walk-in coolers in the basement, and a 16-line tap system, significantly reducing initial build-out costs. Potential for outdoor dining further enhances its appeal. Rear loading and trash facilities provide convenient logistical support. The property is zoned CMX-5, allowing for a variety of uses. The building, constructed in 1900, is a single-story structure. The asking price is $1,775,000, translating to $341.35 per square foot. The location benefits from proximity to several significant neighborhood developments slated for completion between 2023 and 2024, including a specialty care pavilion, a mixed-use building, a hotel, and a residential apartment building. Convenient access to public transportation is provided by nearby Patco Subway stops. This is a rare chance to acquire a well-positioned, established restaurant space in a thriving Philadelphia location.