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Restaurant Building with Apartments
For Sale
$2,000,000

163900 E Passyunk Avenue, Philadelphia, PA 19148

First-floor restaurant or commercial seating includes two bathrooms and a private basement, with three apartments above.

Property SizeContact for details
Days on Market158

Property Features for 163900 E Passyunk Avenue

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Building Details

Year Built 1915
Listing Agency: Century 21 Advantage Gold-South Philadelphia
Listed By: Albert Perry · License #AB066001
Source: Deepcreeklake
Added: Apr 8 Changed: Sep 10 Last Checked: Sep 12 at 11:05AM

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 Century 21 Advantage Gold-South Philadelphia

Investment Insights

Based on property information with market context.

The offering includes 1639 E Passyunk Ave, plus 1637 E Passyunk Ave and 1632 S Jessup Street, with flexibility for certain parcels to potentially be sold separately or together. At 1639 E Passyunk Ave, the first floor is configured for restaurant or commercial seating and includes 2 bathrooms and a private basement. Above the commercial space are three residential apartments, including two 2-bedroom units and one 1-bedroom apartment.

These properties are positioned along the East Passyunk corridor in Philadelphia’s East Passyunk Crossing area, neighboring Passyunk Square. Ownership also places the properties within the Passyunk Avenue Business Improvement District (B.I.D.).

The combined footprint brings together commercial and residential components, supported by separate basement areas and residential layouts that can support multiple income-producing units within one multi-level structure.

Key Highlights

  • Portfolio includes 1637 E Passyunk Ave, 1632 S Jessup St, and 1639 E Passyunk Ave, with flexibility to sell certain parcels separately or together.
  • 1637 E Passyunk Ave (built 1915): first‑floor restaurant/commercial seating plus 2 bathrooms and a private basement for storage/prep.
  • 1637 E Passyunk Ave: 2nd and 3rd floors offer a 3‑bedroom, 2 full‑bath owner residence with potential to convert to 2 separate units.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Dining 21%
Advance Auto Parts Shops & Services
4,023 visits/mo 0.3 miles
Marathon Shops & Services
3,206 visits/mo 0.1 miles
Little Caesars Pizza Dining
1,899 visits/mo 0.1 miles

Demographics for 19148, PA

53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
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?
Conventional restaurant - First-floor restaurant or commercial seating includes two bathrooms and a private basement, with three apartments above.
Where is this conventional restaurant located?
The property is located at 163900 E Passyunk Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Portfolio includes 1637 E Passyunk Ave, 1632 S Jessup St, and 1639 E Passyunk Ave, with flexibility to sell certain parcels separately or together.; 1637 E Passyunk Ave (built 1915): first‑floor restaurant/commercial seating plus 2 bathrooms and a private basement for storage/prep.; 1637 E Passyunk Ave: 2nd and 3rd floors offer a 3‑bedroom, 2 full‑bath owner residence with potential to convert to 2 separate units.
More about this property
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