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!!!
Location, Location! The Abbotts Building ground floor Commercial Condo at the NE Corner of Broad and Race Streets. This corner was a popular Pizza restaurant! Situated across from the Pennsylvania Convention Center, this corner commercial space has endless possibilities! Located along the Avenue of the Arts on North Broad Street with High Traffic Count , approx 25,000 /day down Broad St and 6,000/day down Race St. Short Walk to City Hall, Municipal Services Building , PAFA and more. Approx. 3600 SF Commercial Condo, Zoned CMX4. Currently Vacant . For Sale or Lease. 1st floor is approx 1990 SF , 91 x 22 . Unit has front entrance on N Broad Street, Side door on Race Street and rear door on Watts Street( for dumpster).
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 334â338 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.
Investment Opportunity with High Foot and Car Traffic - Prominent Downtown Location. Featuring a ground-floor shop strategically positioned to capture the bustling foot and car traffic, along with three residential apartments above. Benefitting from the high visibility and accessibility, the property yields an impressive annual rental income of $231,350. The established Japanese ramen and sushi restaurant on the premises has successfully operated for 17 years, drawing in a steady flow of customers from the vibrant surroundings. With a solid return on investment standing at 6.5%, this opportunity offers the potential for long-term growth and profitability in a prime urban setting.
Attention All Investors: Don't miss this opportunity to own this spectacular, turnkey, Multi-Unit, property consisting of Six magnificent, light-filled, spacious units near Washington Square and Center City. Great investment opportunity. 6 units. 1-2BR unit, 2-1 BR, 3 studios. 4 units are completely updated. 3 units are occupied with one tenant moving out in 2 weeks. Projected income is $9,395 (Rent roll in document center) Opportunity to combine 2 units on first floor to create a large space for you to live in while renting out the rest! 6 unit rental license in place. Dont miss out on this one!
Famous Latin-American kitchen and bar. Prime downtown Center City Philly location; cozy outdoor patio "The Hacienda" Bar and restaurant - complete remodel 3 years ago. Great and easy business to operate - only 40 hours per week. Earn $300k per year - financials to prove! Closed 2 days per week. Full basement with high ceilings. Four apartments (three 1 BR, 1 BA; one 2-story 3 BR, 2 full BA). Fully rented; liquor license included. Owner may consider selling business and real estate separately; however, business must sell first. Real estate $2,000,000; business with liquor license $750,000.
Famous Latin-American kitchen and bar. Prime downtown Center City Philly location; cozy outdoor patio "The Hacienda" Bar and restaurant - complete remodel 3 years ago. Great and easy business to operate - only 40 hours per week. Earn $300k per year - financials to prove! Closed 2 days per week. Full basement with high ceilings. Four apartments (three 1 BR, 1 BA; one 2-story 3 BR, 2 full BA). Fully rented; liquor license included. Owner may consider selling business and real estate separately; however, business must sell first. Real estate $2,000,000; business with liquor license $750,000.
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.
REDUCED PRCE for QUICK SALE! Don't miss your opportunity for a unique Investment Opportunity in the Heart of Chinatown! Liquor License Available! Seize the opportunity to own a thriving business with a long-term lease, strategically located in the vibrant heart of Chinatown. This prime property boasts: National Long-Term Tenants: Secure your investment with existing leases held by reputable national long-term tenants. This stability not only ensures a consistent income stream but also lays a solid foundation for the future success of your venture. Profitable at 40% Occupancy: Witness unparalleled financial efficiency! The current rent roll covers the majority of expenses even at a mere 40% occupancy. Imagine the potential for increased profitability with strategic leasing and management. Versatile Spaces: This property offers versatile spaces, providing the canvas for your entrepreneurial vision. Whether you bring in new concepts or tenants, the possibilities are limitless. Customize and curate a dynamic mix that resonates with the energy of Chinatown. Long-Term Lease in Place: Benefit from the security of a long-term lease, providing stability and peace of mind for your investment. Your business can thrive and evolve over the years, establishing itself as a cornerstone of the community. Chinatown's Pulse at Your Doorstep: Immerse yourself in the vibrant culture and energy of Chinatown. With this central location, your business becomes an integral part of the local scene, attracting a diverse and engaged audience. Global Appeal, Local Charm: Embrace the global allure of Chinatown while maintaining the charm of a local business. This unique combination positions your investment as a magnet for both locals and visitors seeking an authentic experience. Your Vision, Your Success: Unleash your creativity and business acumen â this is your chance to shape the future of a prime property in the heart of Chinatown. Take the reins, bring in fresh concepts, and watch your investment flourish. Don't miss out on this unparalleled business opportunity. Contact us now to explore the endless potential that awaits you in Chinatown!
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.
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.