www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34522966
34522962

1123 Walnut Street, Philadelphia, PA 19107 For Sale

MPN Realty, Inc.
JS
PA 330910
MPN Realty, Inc.
Listed by MPN Realty, Inc.
$2,930,000
3 days on market
Updated 3 days ago

1123 Walnut Street

Details
Property Type Mixed Use, Retail
Sub Type Restaurant
Square Footage 6,776
Year Built 1900
Buildings 1
Stories 4
Lot Size (SqFt) 2,926
Zoning CMX-5
Ground Lease No

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

MPN Realty, Inc.
JS
PA 330910
MPN Realty, Inc.
Listed by MPN Realty, Inc.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591