Restaurant Business for Sale with lease assignment. Kabuki Sushi Restaurant offers an exceptional opportunity to own a well-established seafood restaurant in the heart of the center city, convention center, Reading terminal market, hotels, and city hall offices district. Benefit from the high foot traffic and seasonal tourism associated with a Center City historical site location. Lease Assignment: Acquire the existing lease, providing a solid foundation for your business. The landlord is open to discussing a new lease agreement, providing flexibility for your business plans. Investment Opportunity: NNN Lease: The current lease amount is $5,000. Qualified Buyers: All potential buyers must submit proof of funds (POF), have excellent credit, and demonstrate relevant experience in the restaurant industry. Don't miss out on this exciting opportunity to own a successful seafood restaurant in a prime Center City location. Contact us today to schedule a viewing and learn more about this investment.
Opportunity is knocking! This property is situated in a highly desirable, high foot traffic area - Center City. The building spans from street to street and features one commercial space along with nine residential units, offering excellent investment potential. The commercial space is approximately 3,820 sq ft, consists the first floor and mezzanine, has approximately 7 years remaining lease term with two 5yr options. With the 9 apartments, which consists of 8 two-bedroom units and 1 one-bedroom unit. Not to mention 4 of the units are bi-level. Currently, 7 of the 9 apartments are leased to tenants who operate Airbnb businesses. Liquor license (R) is also available to sell for additional $200,000. Schedule your showing today!!!
The Claridge Apartments, located on the northeast corner of 10th and Pine Streets at 319 S. 10th Street in the desirable Washington Square West neighborhood, is a premier investment opportunity featuring 17 well-appointed apartment units. This property is listed at $4,325,000 and offers the chance to own a prime piece of Philadelphia real estate. Additionally, it can be purchased as part of a package with Swansea Coach House, a charming 15-unit apartment property located just eight blocks away at 334–338 Lombard Street in the prestigious Society Hill neighborhood. The combined package price for both properties is $8,250,000. Swansea Coach house is listed under MLS# PAPH2391266.
Unique development opportunity in Philadelphia Convention Center. There are multiple developmental projects going on in the neighborhood. Currently there is a Pizza restaurant on the first floor of the existing structure, 4 residential units. Plus 50+ parking lots on the rear side of this property. There are two parcels and 4 addresses , from 325 to331 N 12th Street. Parking spot worthy about $80K to $100K each if for sales. There are leases for the parking lots and restaurant, which can provide your client with a steady income while they are applying for any architectural plan and usage. Their leases are not extremely long so you can choose to not renew their leases or relocate them after your complete your project. Since it is one block away from the convention center, hotel, parking lots building, mixed usage complexes are all good usages.
Join national tenants like The Halal Guys & Surreal Creamery (Soon) and local Korean food favorite Dae Bak inside Chinatown Square! Multiple units are available for restaurant, bar, or office. Short or long term lease. Perfect for a ghost kitchen.. bring your culinary dreams to life in this low cost alternative to a full buildout! Leases are all NNN + CAMS. Some units can be leased with equipment for an additional fee* Please contact listing agent for more details and application.
Nestled at the heart of Philadelphia's vibrant cityscape stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. With an illustrious history and a prime location, this turnkey corner restaurant and bar, along with six accompanying apartments, awaits its next visionary proprietor. Providing an unparalleled opportunity to step into the world of hospitality and thriving entrepreneurship. For generations, the Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. Its inviting ambiance and rich legacy have made it a beloved cornerstone of the community, offering a warm and welcoming atmosphere for patrons to gather and create cherished memories. The bar and restaurant are not just a property but a complete experience, thoughtfully curated and fully equipped to ensure its continued success. Its doors are open, and the wheels of hospitality are in perpetual motion, operating seven days a week. This perpetual activity ensures that the establishment remains an integral part of the community's social fabric, offering a place for celebration, camaraderie, and connection. The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As a savvy entrepreneur, this property offers not only a piece of Philadelphia's rich history but also a tangible and thriving business ready for your stewardship. Symbol of the establishment's esteemed reputation, you can take the helm of this beloved institution and guide it into a prosperous future. Whether you're a seasoned hospitality professional seeking your next venture or a visionary newcomer looking to make your mark, the Landmark property at 10th and Locust is an opportunity that promises not only financial reward but also the chance to become a cherished part of Philadelphia's vibrant culture.
Location Location Location!! This is an unbeatable location for an APPROVED new construction development. See the attached documents or contact listing agent for more information. Currently a 3,000 square foot professional use building with multiple office spaces, board room(s), two bathrooms, kitchen, and large private & secured parking lot for 10 vehicles. The future of this site is up to you, with a lot of help to get you started. The Chinatown market is HOT and little/no new development sites are available. Do Not Miss this Opportunity.
This commercial space consists of 3755 sq ft, over two floors, but can be leased per floor - 1730 sq ft and 2025 sq ft (no elevator access). Note: this is NOT a NNN lease and there are NO CAM charges! It is located in one of the busiest, revitalized corridors known as Midtown Village. Sitting just off the corner of 13th Street, the location provides optimal exposure to sidewalk and street traffic. Public parking lots are located across the street and a half block away. Septa and Speedline transportation is a block away. The private entrance is located on Chancellor St and occupies the first and second floors of a residential apartment building. For the safety and enjoyment of the residents in the building, the owners will not permit a restaurant/food service business and requires no public operating hours between 9:00pm-6:00am. Occupied for many years as a school, the space has been divided into smaller rooms which could be used as offices/classrooms or bring your creative vision to work this space into a premier suite. The Lessee will be responsible for all design changes and fit out, to include owners' review, zoning compliance, permits and other code requirements. Owners will consider fit out concessions, depending on the lease term which must be no less than 3 years. The Lessee is responsible for all electric which includes the heat and AC, interior maintenance (except for central systems) and Phila U & O Tax. Schedule a tour! You cannot get a better location for your business!!
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19107 has a population of 1,596,865. Philadelphia 19107 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19107 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19107 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.