$ 1,600,000
-
$1,600,000
Price -
0
Bed -
0
Bath -
4,960
SqFt
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About the Listing KELWLMPH - 3281109,3365425
🔥 PRIME RESTAURANT / MIXED-USE OPPORTUNITY | EAST PASSYUNK AVE 🔥 1627–29 E Passyunk Ave, Philadelphia, PA 19148 Offered at: $1,600,000 (Real Estate Only) Position your business at the center of one of Philadelphia’s most vibrant and sought-after commercial corridors: East Passyunk Avenue, South Philadelphia’s renowned Restaurant Row. This fully renovated ±5,000 SF mixed-use property presents a rare opportunity for investors, restaurateurs, or owner-operators seeking scale, visibility, and long-term upside. Please note: The asking price reflects the real estate only. The owner is currently working to secure a tenant for the restaurant space. All restaurant equipment, fixtures, and furniture, including walk-in freezers, are not included in the sale and may be subject to separate negotiation or removed before closing. Buyer has the option to purchase all existing equipment and furniture for an additional $200,000. Property Highlights: Two expansive levels of restaurant/catering/event space Third-floor offices/event space, ideal for administrative use or additional income Full basement for storage and operations Meticulously renovated – no expense spared Large-scale layout suitable for high-volume operations Location Advantages: Situated in the heart of East Passyunk’s Restaurant Row Surrounded by top-rated dining, retail, and nightlife Heavy foot traffic & strong local demographics Municipal parking lot directly across the street Excellent accessibility to Center City and major highways Zoning & Flexibility: Flexible zoning allows for a variety of commercial and office uses Ideal for restaurant groups, hospitality concepts, event venues, or mixed-use investors This is a rare opportunity to acquire a large-scale, fully renovated commercial property in one of Philadelphia’s most dynamic and proven dining destinations. Opportunities of this size and location on Passyunk Avenue rarely become available.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Commercial Sale
MLS ®
PAPH2597790
Year Built
1915
Total Square Footage
4,960
Lot/Acreage
0.04
County
Philadelphia
Neighborhood
Passyunk Square
Area
19148 (19148)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 32.00 x 60.00
- Zoning: CMX25
- Roof: Flat
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,917
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
1627 E Passyunk Ave Philadelphia, PA 19148
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