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Restaurant Space with Full Basement

1305 Locust Street, Philadelphia, PA 19107

For Sale
New
Contact for pricing

A fitted commercial kitchen, dining room, and bar serve restaurant operations in a CMX-5-zoned property.

Property SizeContact for details
Days on Market7

Property Features for 1305 Locust Street

General Information

Standard status Active
Property subtype Commercial
Zoning CMX-5
Lease Term Negotiable

Site & Location

Neighborhood Center City

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Floor 1 + Basement

Amenities

rear-loading dock
Tile/Brick
Natural Gas
Yes
Natural Gas,Electric
Public
0.06
No
Estimated
Stone,Concrete Perimeter
1

Building Details

Year Built 1905
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Veronica Gintel Blum · License PA RS290724
Source: Thetristaterealestategroup
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 4:29AM

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 Mallin Panchelli Nadel Realty Inc

Rey
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Investment Insights

Based on property information with market context.

The property contains 2,500 SF of first-floor restaurant space and a full basement. Kitchen equipment includes 12 hoods, a walk-in refrigerator, and a wood-burning Valoriani pizza oven. The dining room seats 60, while the bar accommodates 12 and has a 10-tap draft system. The lower level provides guest restrooms, storage, an office, and a separate walk-in beer refrigerator. A rear loading dock connects to the kitchen for deliveries and waste removal. An R liquor license is available.

The property is in Midtown Village, near 13th Street’s restaurant district. Public transportation options nearby include PATCO and the Broad Street subway line. Zoning is CMX-5.

Key Highlights

  • 2,500 SF of first‑floor restaurant space plus a full basement
  • Equipped kitchen with 12 hoods, a walk‑in refrigerator, and a wood‑burning Valoriani pizza oven
  • 60‑seat dining room and 12‑seat bar with a 10‑tap draft system

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Cauldron Philly Bar & Pub

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Grooming Service Veterinary Clinic Parking Lot & Garage

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

26,359
Businesses Nearby
339k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Apparel 19% Groceries 17% Shops & Services 13%
Whole Foods Market Groceries
37,607 visits/mo 0.5 miles
The Ritz-Carlton, Philadelphia Hotels & Casinos
30,824 visits/mo 0.2 miles
Starbucks Dining
22,463 visits/mo 0.4 miles
ACME Markets Groceries
20,427 visits/mo 0.4 miles
UNIQLO Apparel
20,066 visits/mo 0.3 miles

Demographics for 19107, PA

17,600
Population
10,239
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
92%
High-School Grad
0.5 sq mi
ZIP Area
35,200
Density / Sq Mi
$70,382
Median Household Income
$57,694
Median Earnings
$1,691
Median Rent
$452,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Philadelphia, PA

$362 Jul
$312 Aug
$285 Sep
$278 Oct

Properties on Market for Conventional restaurants in Philadelphia

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A fitted commercial kitchen, dining room, and bar serve restaurant operations in a CMX-5-zoned property.
Where is this conventional restaurant located?
The property is located at 1305 Locust Street Philadelphia, PA.
What are key features of this property?
This property features: 2,500 SF of first‑floor restaurant space plus a full basement; Equipped kitchen with 12 hoods, a walk‑in refrigerator, and a wood‑burning Valoriani pizza oven; 60‑seat dining room and 12‑seat bar with a 10‑tap draft system
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