$ 90,000
-
$90,000
Price -
0.03
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CASAAZR - 3156188
CONFIDENTIAL BUSINESS OPPORTUNITY — TURNKEY RESTAURANT Business Opportunity Only | Prime North 5th Street Location | Philadelphia, PA A rare opportunity to acquire a fully built-out, turnkey fast-casual restaurant located along a high-visibility stretch of North 5th Street in Philadelphia. This approximately 1,200-square-foot space features 10-foot ceilings, excellent street visibility, prominent signage, and an efficient layout suited for dine-in, takeout, and delivery operations. The restaurant was transformed from the ground up into a fully operational food establishment, with substantial investment in essential infrastructure and systems, including HVAC, electrical, plumbing, flooring, lighting, kitchen installation, and equipment. The next operator can benefit from the existing build-out while potentially avoiding significant construction costs, permitting delays, and startup expenses associated with developing a comparable space. Exceptional Lease Structure Approximately 1,200 square feet Current rent of approximately $1,200 per month Long-term lease with a 10-year term, plus two additional five-year renewal options, subject to verification of the lease terms and applicable conditions The favorable rental structure provides an attractive foundation for operators seeking long-term stability and the opportunity to establish or expand a restaurant concept along this established commercial corridor. Flexible Restaurant Concepts The existing layout can support continued operation under the current concept or rebranding into various fast-casual uses, including halal, chicken, burgers, pizza, gyros, and ghost kitchen operations, subject to applicable licensing, zoning, lease restrictions, and regulatory approvals. With the existing infrastructure in place, this opportunity may be particularly attractive to an owner-operator, an expanding restaurant brand, or an entrepreneur seeking to enter the Philadelphia food-service market. CONFIDENTIAL SALE — QUALIFIED INQUIRIES ONLY Business opportunity only; real estate is not included. Do not approach employees or staff directly. Financial statements and lease documentation are available upon execution of a signed nondisclosure agreement (NDA). All showings are by appointment only, through the listing agent, on Mondays. Buyer is responsible for independently verifying all information, including financial performance, square footage, lease terms, licenses, zoning, permitted uses, equipment, and applicable regulatory requirements. Serious inquiries only. Contact the listing agent for additional information and to arrange a confidential appointment.
Listing Highlights for 2948 N 5th Street 1st Fl
Status
Active
Days on Site
8
Property Type
Commercial Sale
MLS ®
PAPH2682962
Year Built
1920
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Philadelphia (North)
Area
19133 (19133)
School District
Philadelphia City
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX25
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,429
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
2948 N 5th Street 1st Fl Philadelphia, PA 19133
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