Mixed-Use Building with
For Sale
Contact for pricing
Pending
124 Lombard Street, Philadelphia, PA 19147
Ground-floor sushi restaurant with a well-equipped kitchen, paired with six studios on the upper floors.
Property Size5,670 SF
Days on Market146
Property Features for 124 Lombard Street
General Information
Standard status
Pending
Size
5,670 SF
Property subtype
Mixed Use
Financials
Cap Rate
9.9%
Business Included
Yes
Additional Details
Commercial Hood
Yes
Building Details
Stories
4
Tenancy
Multi
Listing Agency:
BHHS Fox & Roach-Center City Walnut
Listed By:
Cristiana Aghinii · License #PA RS 333151
Source:
Crexi
Added: Apr 11
Changed: Aug 19
Last Checked: Sep 2 at 6:55AM
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 BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
This head-house mixed-use building combines a ground-floor restaurant with studio living space above. The restaurant/sushi bar currently operates as “Tokio,” and includes a well-appointed kitchen and two rooms designed to seat over 30 guests.
The residential portion consists of six studios across the 2nd, 3rd, and 4th floors, with three rented month-to-month and three reserved for short-term stays. The building totals approximately 4,536 square feet of living space, with potential for additional residential units in the back area of the upper floors.
Set in the Society Hill/Head House area of Philadelphia, the property is positioned for both residential and commercial demand tied to the area’s arts and entertainment events. The building is available As Is, with options to maintain the current configuration or reimagine it as a smaller hospitality concept.
The residential portion consists of six studios across the 2nd, 3rd, and 4th floors, with three rented month-to-month and three reserved for short-term stays. The building totals approximately 4,536 square feet of living space, with potential for additional residential units in the back area of the upper floors.
Set in the Society Hill/Head House area of Philadelphia, the property is positioned for both residential and commercial demand tied to the area’s arts and entertainment events. The building is available As Is, with options to maintain the current configuration or reimagine it as a smaller hospitality concept.
Key Highlights
- Mixed‑use building with a ground‑floor sushi restaurant (Tokio) totaling 1,134 SF
- Restaurant includes a well‑appointed kitchen and two rooms for over 30 guests
- Upper floors feature six studios (2nd, 3rd, and 4th): three rented month to month and three reserved for Air B&B
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
4,978
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
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 - Ground-floor sushi restaurant with a well-equipped kitchen, paired with six studios on the upper floors.
Where is this mixed-use property located?
The property is located at 124 Lombard Street Philadelphia, PA.
What are key features of this property?
This property features: Mixed‑use building with a ground‑floor sushi restaurant (Tokio) totaling 1,134 SF; Restaurant includes a well‑appointed kitchen and two rooms for over 30 guests; Upper floors feature six studios (2nd, 3rd, and 4th): three rented month to month and three reserved for Air B&B
