1627 E Passyunk Ave - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19148- Bella Vista-Southwark
$1,600,000 USD
267-528-8960
1627 E Passyunk Ave, Philadelphia, PA for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/39
null | Request Cap Rate

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1627 E Passyunk Ave
Philadelphia, PA 19148
Bella Vista-Southwark


HIGHLIGHTS

  • Prime positioning on East Passyunk Avenue (Restaurant Row)
  • Surrounded by award-winning restaurants
  • Strong residential density and consistent foot traffic

OVERVIEW

Position your concept at the heart of East Passyunk Avenue—Philadelphia’s celebrated Restaurant Row—with this rare turnkey acquisition. This offering combines real estate ownership with a fully built-out restaurant and complete equipment package, creating a true plug-and-play opportunity for operators and investors alike. The property spans approximately 5,000 square feet across multiple levels, including two expansive floors for dining, catering, or event use, a third-floor space suitable for offices or private dining, and a full basement for storage and operations. The sale includes two walk-in freezers and a comprehensive equipment package, significantly reducing startup costs and eliminating the delays associated with construction and permitting. Located in a high-demand dining corridor surrounded by award-winning restaurants, retail, and nightlife, the property benefits from strong residential density, consistent foot traffic, and a municipal parking lot directly across the street. With easy access to Center City, I-95, and public transportation, this site offers exceptional connectivity. Flexible zoning allows for restaurant, retail, office, or mixed-use conversion, providing long-term adaptability and value. This is a rare opportunity to secure both the real estate and a fully operational restaurant platform in one of Philadelphia’s most dynamic culinary destinations.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CMX2.5

APN/PARCEL ID

882015890

ASK ABOUT THIS PROPERTY

Vu LeKeller Williams Real Estate Tri-countyMore Info
267-528-8960

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Vu LeKeller Williams Real Estate Tri-countyMore Info
267-528-8960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.