1123 Walnut Street
Mixed-Use Development & Restaurant For Sale
Marketing description
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.
Investment highlights
- 22 feet of frontage on Walnut Street with great exposure
- Wonderful outdoor seating
- Runs straight through to Moravian Street for easy delivery and trash pick-up
- Full bar on first and second floors
- Kitchen in the rear of the first floor
- Mix of raw and office space upstairs
- Includes all Furniture, Fixtures & Equipment of the restaurant
- Includes 'R' Liquor License
- Zoned CMX-5, which allows multiple uses with residential above
- Surrounded by Jefferson Hospital and dense population of daytime office workers
- Growing residential population
- Heavily trafficked street busy at all times of day
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
















