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Restaurant Space with Equipped Kitchen
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1111 LOCUST STREET, Philadelphia, PA 19107

A 20-foot bar, private dining room, and commercial kitchen equipment define the restaurant’s existing layout.

Property Size4,963 SF
Days on Market3

Property Features for 1111 LOCUST STREET

General Information

Standard status Active
Size 4,963 SF
Property subtype Commercial
Zoning CMX-4

Site & Location

Neighborhood Center City

Building Details

Year Built 2007
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Veronica Gintel Blum · License #RS290724
Source: Cummingsrealtors
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 25 at 2:43AM

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 Mallin Panchelli Nadel Realty Inc

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Investment Insights

Based on property information with market context.

This 4,963-square-foot restaurant space includes a dining room with 104 seats, a 20-foot bar, and a separate private dining room with 12 seats. Kitchen equipment includes 20-foot and 12-foot exhaust hoods, two walk-in coolers, and one walk-in freezer. The building dates to 2007, and the property is zoned CMX-4.

The restaurant occupies a corner at Locust and Quince Streets, with 40 feet of frontage along Locust Street. Access to PATCO and the Broad Street subway line is nearby. The property is in Midtown Village, within the greater Washington Square West area of Philadelphia.

Key Highlights

  • 4,963 SF restaurant space
  • Dining room seats 104 and includes a 20' bar
  • Private dining room accommodates 12 seats

Property Analytics

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Open Analytics

Current Use

Oral Surgical Associates Dental Office Friedman Jerome DDS Dental Office Western Union Condominiums Condominium Complex Dr. Marzban Rad, ... Physician Dr. Jared R. ... Dental Office

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

25,174
Businesses Nearby
231k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Groceries 25% Hotels & Casinos 20% Apparel 15%
Whole Foods Market Groceries
37,607 visits/mo 0.4 miles
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.3 miles
ACME Markets Groceries
20,427 visits/mo 0.4 miles
UNIQLO Apparel
20,066 visits/mo 0.5 miles
Starbucks Dining
16,511 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A 20-foot bar, private dining room, and commercial kitchen equipment define the restaurant’s existing layout.
Where is this conventional restaurant located?
The property is located at 1111 LOCUST STREET Philadelphia, PA.
What are key features of this property?
This property features: 4,963 SF restaurant space; Dining room seats 104 and includes a 20' bar; Private dining room accommodates 12 seats
More about this property
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