Mixed-Use Restaurant and Residential
For Sale
$4,800,000
124753 N Front Street, Philadelphia, PA 19122
Turn-key mixed-use property with a three-floor restaurant operation, liquor license, and four fully leased residential units.
Property SizeContact for details
Days on Market162
Property Features for 124753 N Front Street
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Business Included
Yes
Liquor License
Yes
Multifamily Units
4
Building Details
Year Built
1915
Listing Agency:
MSC Retail,Inc.
(215) 883-7402
Listed By:
Jacob K. Cooper · License #RS306451
Source:
Deepcreeklake
Added: Mar 22
Changed: Aug 28
Last Checked: Aug 29 at 10:48AM
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 MSC Retail,Inc.
Investment Insights
Based on property information with market context.
1247-53 N. Front Street offers fee-simple ownership of a fully turn-key mixed-use asset that combines an operating restaurant business with four fully leased residential units. The sale includes the Front Street Cafe operations, a Pennsylvania “R” liquor license, and all furniture, fixtures, and equipment (FF&E) required for day-one operations, including kitchen and bar equipment, furniture, and point-of-sale systems.
The restaurant occupies three floors, with an expansive ground-floor dining room and bar and a second-floor event and dining level. The property also includes an expansive outdoor space designed for al fresco dining, private events, and warm-weather bar service.
Rounding out the mix, the four residential units are currently fully leased and generate $95,400 in gross annual rental revenue. The combination of restaurant and residential income creates a diversified, multi-revenue ownership opportunity.
The restaurant occupies three floors, with an expansive ground-floor dining room and bar and a second-floor event and dining level. The property also includes an expansive outdoor space designed for al fresco dining, private events, and warm-weather bar service.
Rounding out the mix, the four residential units are currently fully leased and generate $95,400 in gross annual rental revenue. The combination of restaurant and residential income creates a diversified, multi-revenue ownership opportunity.
Key Highlights
- Mixed‑use property built in 1915 with a three‑floor Front Street Cafe restaurant plus four fully leased residential units
- Restaurant operating business included (Front Street Cafe) with expansive ground‑floor dining room and bar, plus second‑floor event and dining level
- Includes a Pennsylvania “R” liquor license and all FF&E for day‑one operations
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Turn-key mixed-use property with a three-floor restaurant operation, liquor license, and four fully leased residential units.
Where is this mixed-use property located?
The property is located at 124753 N Front Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Mixed‑use property built in 1915 with a three‑floor Front Street Cafe restaurant plus four fully leased residential units; Restaurant operating business included (Front Street Cafe) with expansive ground‑floor dining room and bar, plus second‑floor event and dining level; Includes a Pennsylvania “R” liquor license and all FF&E for day‑one operations
