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    1605 E Wadsworth Ave Philadelphia, PA 19150

    For Lease
    $2,900 /Mo

    CommercialLease - PHILADELPHIA, PA

    Type:Retail
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1605 E Wadsworth Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    2
    Parking features
    On Street

    Utilities

    Heating system
    Forced Air, Ceiling
    Cooling system
    Ductless, Central Air

    Building Details

    Year built
    1949
    Number of units
    1
    Building materials
    Masonry

    Merritt & Associates, LLC d/b/a RE/MAX Specialists (215) 327-1234 [email protected]

    Listing agent Robert O Merritt (215) 248-4400 License #RM420540

    Listing date Nov 13, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equipped Restaurant Space Available

    This is a fully equipped restaurant space available for lease, previously operated as a bar-B-Que restaurant with eat-in and take-out service. The space is equipped for approximately 40 seats. The lease includes the restaurant equipment, which the tenant must insure against damage. The property is situated on a business avenue with numerous eateries and stores, directly across the street from a CVS and Auto Zone. The equipment includes a refrigerator, freezer, commercial stove, oven, food warmer, and double fryer.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    2 Street Sammies

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17235
    Latitude
    40.08096

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant space for lease in Philadelphia, PA.
    Where is this restaurant located?
    The property is located at 1605 E Wadsworth Ave Philadelphia, PA.
    What are key features of this property?
    This property features: - Fully equipped restaurant, ready to operate immediately.; - Includes essential restaurant equipment: refrigerator, freezer, commercial stove, oven, fryer, food warmer.; - Eat-in/take-out setup with seating for approximately 40.
    (215) 248-4400
    Request Owner's contact information
    1605 E Wadsworth Ave Philadelphia, PA 19150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 E Wadsworth Ave Philadelphia, PA 19150
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