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Two-Story Restaurant Space
For Lease
$6,500/Mo

274 S 20TH Street, Philadelphia, PA 19103

CommercialLease, PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.02 Acres
Days on Market14

Property Features for 274 S 20TH Street

General Information

Property type Other
Property subtype Retail
Parking features On Street
Subdivision RITTENHOUSE SQUARE
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Lot size 0.02 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1839
Building materials Masonry
Listing Agency: Keller Williams Realty
Listed By: Andrew F Cheng · License #RS3263312
Added: Sep 27 Changed: Sep 30 Last Checked: Oct 10 at 6:06AM
MLS# PAPH2674836

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.

Restaurant premises at 274 S 20TH Street in Philadelphia occupy the first and second floors of a masonry building constructed in 1839. The ground level contains a dining area and commercial kitchen, with a walk-in cooler in the basement. Additional seating upstairs can accommodate private events and parties.

The property is in the Rittenhouse Square area of Center City. The parcel measures 0.0237 acres, and parking is on street. Central heating and central air conditioning serve the building. The lease is contingent on the sale of the existing restaurant build-out.

Key Highlights

  • Restaurant space across the first and second floors
  • Commercial kitchen and ground‑floor dining area
  • Second‑floor seating for private events and parties

Property Analytics

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Current Use

Square on Square Contemporary ... Restaurant Heng Feng Rittenhouse Restaurant Pho Mi and Beyond Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Clothing & Fashion Store Tattoo & Piercing Shop Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

16,339
Businesses Nearby
195k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 35% Dining 33% Shops & Services 25% Beauty & Spa 5%
Starbucks Dining
22,463 visits/mo 0.4 miles
UNIQLO Apparel
20,066 visits/mo 0.5 miles
Wawa Shops & Services
15,928 visits/mo 0.2 miles
Urban Outfitters Apparel
15,117 visits/mo 0.4 miles
Barnes & Noble Shops & Services
10,158 visits/mo 0.4 miles

Demographics for 19103, PA

28,717
Population
20,064
Households
1.4
Avg Household Size
36
Median Age
81%
College-Educated
98%
High-School Grad
0.6 sq mi
ZIP Area
47,862
Density / Sq Mi
$97,940
Median Household Income
$76,680
Median Earnings
$1,955
Median Rent
$551,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Philadelphia, PA

$26.3 /SF/Yr
Avg Asking Price
$12.59–$33.6 /SF/Yr
Price Range
5,166 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The layout pairs ground-floor dining and kitchen facilities with an upstairs seating area for private gatherings.
Where is this conventional restaurant located?
The property is located at 274 S 20TH Street Philadelphia, PA.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: Restaurant space across the first and second floors; Commercial kitchen and ground‑floor dining area; Second‑floor seating for private events and parties
More about this property
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