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Existing Conventional Restaurant
For Lease
$1,375/Mo

1200 S 15TH STREET, Philadelphia, PA 19146

Existing restaurant space may continue in food service or accommodate a new neighborhood business concept.

Space SizeContact for details
Days on Market48

Property Features for 1200 S 15TH STREET

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1925
Listing Agency: Philly Real Estate
Listed By: Ming T Lo · License #RS292653
Source: Patmckennarealtors
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 8 at 11:13AM

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 Philly Real Estate

Investment Insights

Based on property information with market context.

This existing restaurant property, constructed in 1925, offers a foundation for continued restaurant operations or a reconfigured neighborhood commercial use. The available concept options identified for the space include a café, nail salon, hair salon, retail store, or professional office.

Public transportation is situated one block away, with both subway and bus service nearby. The surrounding setting includes numerous new-construction homes and a high-density residential population. These characteristics provide context for a range of neighborhood-oriented business concepts, subject to applicable approvals and operating requirements.

Key Highlights

  • Existing restaurant property built in 1925
  • May continue as a restaurant or transition to another neighborhood business concept
  • Potential uses identified include café, nail salon, hair salon, retail, and professional office

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Nursing Home HVAC Service Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,035
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Groceries 39% Dining 14% Home Improvements & Furnishings 2%
ACME Markets Groceries
32,911 visits/mo 0.5 miles
Sprouts Farmers Market Groceries
23,111 visits/mo 0.2 miles
Sunoco Shops & Services
16,488 visits/mo 0.5 miles
Lukoil Shops & Services
12,955 visits/mo 0.2 miles
Family Dollar Shops & Services
9,909 visits/mo 0.2 miles

Demographics for 19146, PA

41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant space may continue in food service or accommodate a new neighborhood business concept.
Where is this conventional restaurant located?
The property is located at 1200 S 15TH STREET Philadelphia, PA.
What is the lease rate?
The lease rate is $1,375/Mo.
What are key features of this property?
This property features: Existing restaurant property built in 1925; May continue as a restaurant or transition to another neighborhood business concept; Potential uses identified include café, nail salon, hair salon, retail, and professional office
More about this property
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