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Food and Grocery Retail Space
For Lease
$6,000/Mo

1407 E Passyunk Ave, Philadelphia, PA 19147

Existing food and grocery setup with deli components and large walk-in refrigerators, suited to prepared-food concepts.

Days on Market122

Property Features for 1407 E Passyunk Ave

General Information

Standard status Active

Additional Details

Business Included Yes
Listing Agency: Fred R Levine Real Estate
Listed By: Fred R Levine · License #RB043558A
Source: Exprealty
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 31 at 12:21PM

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 Fred R Levine Real Estate

Investment Insights

Based on property information with market context.

This is an existing food and grocery store space configured for prepared-food service, including a sandwich shop and deli. The property features large walk-in refrigerators to support refrigeration-heavy operations. Additional existing offerings mentioned include lottery service, and the premises include existing store improvements designed for day-to-day food retail. The operator will need to comply with the restriction that no tobacco items are permitted.

The space is located in the heart of East Passyunk. It is positioned across from CVS and Dunkin on 10th St, with Acme and Wells Fargo across Passyunk, supporting a retail corridor with multiple established nearby businesses.

For tenants seeking a turn-key food retail environment, the combination of grocery and deli functionality plus large refrigeration capacity can reduce build-out needs for concepts focused on sandwiches and prepared foods. The presence of existing lottery operations may also align with service-based retailers looking to keep those functions in place, subject to applicable requirements and licensing.

Key Highlights

  • Existing food and grocery store setup with deli and sandwich shop components
  • Large walk‑in refrigerators included
  • Located in the heart of East Passyunk

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Nursing Home Electrical Service Travel Agency (Bike/Boat/Book/etc) Store Accounting Firm

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,174
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Groceries 39% Dining 13% Electronics 1%
ACME Markets Groceries
32,911 visits/mo 0.1 miles
Sunoco Shops & Services
16,488 visits/mo 0.4 miles
Lukoil Shops & Services
12,955 visits/mo 0.3 miles
7-Eleven Shops & Services
9,824 visits/mo 0.4 miles
Fine Wine & Good Spirits Groceries
7,090 visits/mo 0.2 miles

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 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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Existing food and grocery setup with deli components and large walk-in refrigerators, suited to prepared-food concepts.
Where is this grocery and convenience store located?
The property is located at 1407 E Passyunk Ave Philadelphia, PA.
What is the lease rate?
The lease rate is $6,000 /Mo.
What are key features of this property?
This property features: Existing food and grocery store setup with deli and sandwich shop components; Large walk‑in refrigerators included; Located in the heart of East Passyunk
More about this property
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