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Equipped Restaurant Space with Bar
For Lease
$7,000/Mo

1305 LOCUST Street, Philadelphia, PA 19107

CommercialLease, PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.06 Acres
Days on Market145

Property Features for 1305 LOCUST Street

General Information

Property type Other
Property subtype Retail
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.06 Acres

Utilities

Heating system Hot Water(Heating), Central, Forced Air
Cooling system Central Air

Amenities

rear-loading dock

Building Details

Year built 1905
Building materials Brick
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Veronica Gintel Blum · License #RS290724
Added: May 7 Changed: Sep 16 Last Checked: Sep 28 at 1:06PM
MLS# PAPH2618542

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,500 SF first-floor restaurant includes a full basement and an existing operational layout. The premises feature a 60-seat dining room, 12-seat bar, 10-tap beer draft system, fully equipped kitchen, 12' hoods, walk-in refrigeration, and a wood-burning Valoriani pizza oven. The lower level adds guest restrooms, storage, office space, and a separate beer walk-in refrigerator. A rear loading dock provides direct access to the kitchen for deliveries and trash handling.

The property is zoned CMX-5 and sits near 13th Street Restaurant Row in Midtown Village. Public transportation access includes the PATCO and Broad Street subway lines. An “R” liquor license is available.

Key Highlights

  • 2,500 SF first‑floor restaurant with full basement
  • 60‑seat dining room and 12‑seat bar
  • Fully equipped kitchen with 12' hoods and Valoriani pizza oven

Property Analytics

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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

Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Philadelphia, PA

$30.82 /SF/Yr
Avg Asking Price
$12.59–$48.89 /SF/Yr
Price Range
4,792 SF
Avg Space Size

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 - CMX-5 restaurant space with a commercial kitchen, dining room, bar, and delivery access.
Where is this conventional restaurant located?
The property is located at 1305 LOCUST Street Philadelphia, PA.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 2,500 SF first‑floor restaurant with full basement; 60‑seat dining room and 12‑seat bar; Fully equipped kitchen with 12' hoods and Valoriani pizza oven
More about this property
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