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Fully Equipped Corner Restaurant
For Lease
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1002 ARCH ST, Philadelphia, PA 19107

Corner restaurant space with dining room, commercial kitchen, and fully equipped basement for lease in Philadelphia.

Space Size11,300 SF
Days on Market63

Property Features for 1002 ARCH ST

General Information

Standard status Active
Size 11,300 SF
Property subtype Retail, Restaurant

Building Details

Building Size 11,300 SF
Year Built 1925
Tenancy Single

Spaces For Lease

at 1002 ARCH ST Contact us

Space 1

Size
11,300 SF
Availability
Active
Contact us
Listing Agency: KW Commercial Cherry Hill
Listed By: Paul Cheng · License #PA & NJ
Source: Crexi
Added: Jul 8 Changed: Sep 5 Last Checked: Sep 7 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Cherry Hill

Investment Insights

Based on property information with market context.

This fully equipped corner restaurant is offered for lease and includes the existing assets in place. The layout features a spacious dining room, a large commercial kitchen, and a full basement with a walk-in freezer, walk-in refrigerator, ample storage, and additional utility space.

The premises are located at 10th & Arch Streets in Philadelphia’s Chinatown area. The property is described as a highly visible corner location and is positioned near major Center City attractions, including the Pennsylvania Convention Center and Reading Terminal Market.

A new lease is available starting at $7,500 per month, NNN. Showings are by appointment only, and qualified prospective tenants must demonstrate strong financial qualifications prior to scheduling a tour.

Key Highlights

  • 11,300 SF corner restaurant space in Center City Philadelphia (10th & Arch St)
  • Built in 1925; features a spacious dining room and large commercial kitchen
  • Fully equipped basement with walk‑in freezer and walk‑in refrigerator plus ample storage and utility space

Property Analytics

Current Use

Hippot Shabu Shabu Restaurant Seafood Hot pot Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Clothing & Fashion Store Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

21,329
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 63% Dining 31% Home Improvements & Furnishings 3% Shops & Services 3%
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.4 miles
Starbucks Dining
16,511 visits/mo 0.4 miles
Four Points by Sheraton Philadelphia City Center Hotel Hotels & Casinos
15,625 visits/mo 0.3 miles
Le Pain Quotidien Dining
15,049 visits/mo 0.3 miles
Kimpton Hotel Monaco Philadelphia Hotels & Casinos
10,769 visits/mo 0.5 miles

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value

Market

Vacancy Rate% for Retail in Philadelphia, PA

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner restaurant space with dining room, commercial kitchen, and fully equipped basement for lease in Philadelphia.
Where is this conventional restaurant located?
The property is located at 1002 ARCH ST Philadelphia, PA.
What are key features of this property?
This property features: 11,300 SF corner restaurant space in Center City Philadelphia (10th & Arch St); Built in 1925; features a spacious dining room and large commercial kitchen; Fully equipped basement with walk‑in freezer and walk‑in refrigerator plus ample storage and utility space
More about this property
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