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    1526 Sansom St Philadelphia, PA 19102

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    For Sale
    $3,375,017

    Center City Philadelphia property tenanted by restaurant and bar.

    Lot size:
    0.03 Acres

    Property Features for 1526 Sansom St

    General Information

    Lot size
    0.03 Acres

    Source: Equity CRE Agent Steve Jeffries

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Restaurant and Bar Property

    Located in the Rittenhouse Square neighborhood of Center City West, Philadelphia, the property at 1526 Sansom Street is available for sale. The property is tenanted by No Name Hospitality Group, which is opening a new restaurant and bar concept, along with Pulse Nightclub and Bar. Situated on Sansom Street, the location benefits from high foot traffic due to its proximity to dining and nightlife options. The surrounding area has a strong mix of bars, restaurants, and economic activity. The property is located in an area with almost 100,000 residents within a one-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pulse Nightclub & Bar Social Club Bagels and Co Bagel Shop Chika Ramen Bar Ramen Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Ralph's Italian Restaurant, Marian Anderson Historical Society & Museum, Le Caveau, Hale & True Cider Co., Red Dog Music

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1668656
    Latitude
    39.9502557

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    FAQs

    What type of property is this?
    Bar - Center City Philadelphia property tenanted by restaurant and bar.
    Where is this bar located?
    The property is located at 1526 Sansom St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $3,375,017.
    What are key features of this property?
    This property features: - Prime location in Center City West, Rittenhouse Square neighborhood.; - Tenanted by No Name Hospitality Group and Pulse Nightclub and Bar.; - High foot traffic location on Sansom Street.
    (610) 645-7700
    Request Owner's contact information
    1526 Sansom St Philadelphia, PA 19102
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    Philadelphia, PA 19102
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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
    1526 Sansom St Philadelphia, PA 19102
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