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

1305 LOCUST STREET, Philadelphia, PA 19107

Restaurant space includes a fully equipped kitchen, 12-seat bar with draft system, and 2,500 SF first floor plus basement.

Space SizeContact for details
Days on Market131

Property Features for 1305 LOCUST STREET

General Information

Standard status Active
Property subtype Retail
Zoning CMX-5

Restaurant

Commercial Hood Yes
Liquor License Yes

Additional Details

Furnished Yes

Building Details

Year Built 1905
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Veronica Gintel Blum · License #RS290724
Source: Patmckennarealtors
Added: May 7 Changed: Sep 9 Last Checked: Sep 13 at 10:36AM

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

Investment Insights

Based on property information with market context.

This for-lease restaurant space offers approximately 2,500 SF on the first floor along with a full basement. The layout includes a 60-seat dining room and a 12-seat bar with a 10-tap beer draft system. The kitchen is fully equipped with 12-foot hoods, a walk-in refrigerator, and a wood-burning Valoriani pizza oven, along with a remote beer walk-in refrigerator on the lower level. The basement includes guest restrooms, storage, and an office.

The property features a rear-loading dock for kitchen deliveries and trash. It is zoned CMX-5 and is located just off 13th Street Restaurant Row in Midtown Village, with convenient access to public transportation including the PATCO and the Broad Street subway line. A “R” liquor license is available.

The building’s configuration supports both front-of-house service and back-of-house operations, with dedicated spaces for dining, bar service, and kitchen and storage needs.

Key Highlights

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

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

Yes
Commercial hood
Yes
Liquor license
NNN (Triple Net)
Lease Type
$5.04 /SF/Yr
CAM

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

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 - Restaurant space includes a fully equipped kitchen, 12-seat bar with draft system, and 2,500 SF first floor plus basement.
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 space plus a full basement; Fully equipped kitchen with 12’ hoods and a walk‑in refrigerator, plus a wood‑burning Valoriani pizza oven; 60‑seat dining room and 12‑seat bar with a 10‑tap beer draft system
More about this property
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