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    1615-1617 E Passyunk Ave Philadelphia, PA 19147

    For Lease
    $8,000 /Mo ($48 SF/Yr)

    Restaurant space with outdoor garden in vibrant commercial corridor.

    Property size:
    2,000 SF
    Lot size:
    0.07 Acres

    Property Features for 1615-1617 E Passyunk Ave

    General Information

    Size
    2,000 SF
    Lot size
    0.07 Acres

    Source: MPN Realty, Inc. Agent Veronica Blum

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

    Overview

    East Passyunk Restaurant Space Available

    This 2,000 sq ft restaurant space is located in the heart of East Passyunk’s vibrant commercial corridor. It features a private outdoor garden and a full basement. The double-wide ground floor offers exceptional street presence, which is ideal for attracting foot traffic. The property has a liquor license and FF&E (furniture, fixtures, and equipment) available. It is zoned CMX-2.5, making it a prime opportunity for a wide range of commercial uses.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Chef Works, Brûlée Catering, Esposito's Porchetta, Tokio sushi truck, Philly Burrito Company

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1636765
    Latitude
    39.9294321

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with outdoor garden in vibrant commercial corridor.
    Where is this restaurant located?
    The property is located at 1615-1617 E Passyunk Ave Philadelphia, PA.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of East Passyunk's vibrant commercial corridor.; - Double-wide ground floor with exceptional street presence.; - Includes a private outdoor garden.
    (215) 413-4900
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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
    1615-1617 E Passyunk Ave Philadelphia, PA 19147
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