Fully Equipped Corner
For Sale
$169,000
1002 Arch St, Philadelphia, PA 19107
Corner restaurant space includes a dining room, commercial kitchen, and basement storage with walk-in cooler and freezer.
Property Size2,600 SF
Price / SF$65
Days on Market49
Property Features for 1002 Arch St
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Business Opportunity
Lease Type
NNN
Additional Details
Furnished
Yes
Commercial Hood
Yes
Building Details
Year Built
1925
Listing Agency:
Keller Williams Realty
Listed By:
Paul P Cheng
Source:
Premierehomegroup
Added: Jul 22
Changed: Sep 8
Last Checked: Sep 8 at 4:55AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This fully equipped restaurant space is offered with a dining room, a large commercial kitchen, and a full basement. The basement includes a walk-in freezer and walk-in refrigerator, along with ample storage and additional utility space. The lease is described as including existing assets, furniture, fixtures, and equipment in their current condition.
Located at 1002 Arch Street in the heart of Chinatown, the property is positioned just one block from the Pennsylvania Convention Center and Reading Terminal Market, and is noted as being directly across from the Chinatown Friendship Gate. The site is a corner location at 10th & Arch Streets, surrounded by major tourist and dining attractions.
Showings are by appointment only, and qualified prospective tenants must demonstrate strong financial qualifications prior to scheduling a tour. A new lease is available starting at $7,500 per month, NNN.
Located at 1002 Arch Street in the heart of Chinatown, the property is positioned just one block from the Pennsylvania Convention Center and Reading Terminal Market, and is noted as being directly across from the Chinatown Friendship Gate. The site is a corner location at 10th & Arch Streets, surrounded by major tourist and dining attractions.
Showings are by appointment only, and qualified prospective tenants must demonstrate strong financial qualifications prior to scheduling a tour. A new lease is available starting at $7,500 per month, NNN.
Key Highlights
- Fully equipped restaurant space for lease on a corner lot at 10th & Arch Streets
- Includes spacious dining room and a large commercial kitchen
- Full basement with storage plus walk‑in refrigerator and walk‑in freezer
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
21,329
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner restaurant space includes a dining room, commercial kitchen, and basement storage with walk-in cooler and freezer.
Where is this conventional restaurant located?
The property is located at 1002 Arch St Philadelphia, PA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Fully equipped restaurant space for lease on a corner lot at 10th & Arch Streets; Includes spacious dining room and a large commercial kitchen; Full basement with storage plus walk‑in refrigerator and walk‑in freezer
