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    2048 Sansom St Philadelphia, PA 19103

    For Sale
    $1,400,000

    Commercial Sale - PHILADELPHIA, PA

    Type:Retail
    Lot size:
    0.02 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 2048 Sansom St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Hot Water(Heating), Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Building materials
    Masonry

    Long and Foster Real Estate, Inc (215) 348-0000 [email protected]

    Listing agent Chelsea Coia (267) 885-9148 License #RS363657

    Listing date Oct 22, 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

    Turnkey Restaurant Investment Opportunity

    This commercial property presents a turnkey investment opportunity, including all furniture, a full kitchen, and equipment. The establishment spans three floors, offering various possibilities for an investor. The main dining room, located on the first floor, comfortably seats approximately 40 customers. The fully stocked kitchen is also situated on this level. The second floor, accessible via a separate stairway, is currently used for additional seating, parties, and events, but could be purposed for alternative uses. The third floor features a full bathroom and separate staircase access, offering endless possibilities. An outdoor space on the third floor has the potential to be transformed into a deck or outdoor area with views of center city and Rittenhouse Square. The basement is utilized for restrooms and storage. The property is located in a prime location a few blocks from Rittenhouse Square. The restaurant has been operating for over 29 years and has built a reputation and book of business. The property is located in one of the most desired areas of Philadelphia. The lot size is 0.02 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Porcini Italian Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Marathon Grill Catering, Andro's, Philly Cheesesteak, BLT Personal Chefs llc, Garces Trading Company

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17511
    Latitude
    39.95134

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    FAQs

    What type of property is this?
    Restaurant - Three-story restaurant with potential for multiple uses and outdoor space.
    Where is this restaurant located?
    The property is located at 2048 Sansom St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Turnkey restaurant investment including all furniture, full kitchen, and equipment.; - Prime location near Rittenhouse Square in a highly desirable area of Philadelphia.; - Established business with a 29-year reputation and existing customer base.
    (267) 885-9148
    Request Owner's contact information
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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
    2048 Sansom St Philadelphia, PA 19103
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