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Storefront Business Asset with Loading Door
For Sale
$749,000

1107-09 RACE Street, Philadelphia, PA 19107

BusinessOpportunity, PHILADELPHIA, PA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market49

Property Features for 1107-09 RACE Street

General Information

Property type Other
Property subtype Retail
Parking 7
Parking features Parking Lot
Subdivision CHINATOWN
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 8062

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1920
Building materials Masonry
Listing Agency: Keller Williams Realty
Listed By: Paul P Cheng · License #AB068536
Added: Jul 17 Changed: Aug 19 Last Checked: Sep 3 at 12:06PM
MLS# PAPH2649282

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This storefront business asset includes a D Distributor Liquor License along with first-floor retail improvements. The space has an open service counter, a walk-in cooler, wholesale shelving, storage areas, and a rear drive-in loading door for deliveries. A second-floor area was previously arranged for dining and food preparation and includes a restroom; the space currently requires work before reuse.

The business is located at 1107-09 Race Street in Philadelphia’s Chinatown area, across from the Convention Center and near Reading Terminal Market. The landlord is willing to discuss a new lease with the buyer. The transaction includes the business assets and D Distributor Liquor License only; real estate is excluded.

Key Highlights

  • D Distributor Liquor License included with the business asset sale
  • First‑floor storefront includes retail counter, walk‑in cooler, shelving, and storage
  • Rear drive‑in loading door supports delivery access

Property Analytics

Current Use

Storefront properties

Suggested Use

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

1
Drive-in doors
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

20,003
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 55% Dining 27% Shops & Services 12% Home Improvements & Furnishings 6%
Starbucks Dining
16,511 visits/mo 0.3 miles
Four Points by Sheraton Philadelphia City Center Hotel Hotels & Casinos
15,625 visits/mo 0.2 miles
Days Inn Philadelphia Hotels & Casinos
7,783 visits/mo 0.2 miles
Best Western Plus Philadelphia Convention Center Hotel Hotels & Casinos
7,284 visits/mo 0.3 miles
Sleep Inn Hotels & Casinos
6,857 visits/mo 0.1 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Liquor distribution business asset includes a D Distributor License, retail infrastructure, and a second-floor area formerly used for dining.
Where is this storefront property located?
The property is located at 1107-09 RACE Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: D Distributor Liquor License included with the business asset sale; First‑floor storefront includes retail counter, walk‑in cooler, shelving, and storage; Rear drive‑in loading door supports delivery access
More about this property
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