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Restaurant Space in Northern Liberties
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301 Spring Garden St, Philadelphia, PA 19123

Fully equipped restaurant space for rent in vibrant Northern Liberties.

Space Size1,350 SF
Days on Market110

Property Features for 301 Spring Garden St

General Information

Standard status Active
Size 1,350 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 301 Spring Garden St Contact us

301 Spring Garden St $5,500/Mo

Floor
1
Size
1,350 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 1,350 +/- SF first floor restaurant space on signalized corner - Fully fit out...
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Listing Agency: MPN Realty, Inc.
Listed By: Melissa Montiel
Source: Moodyscre
Added: May 18 Changed: Aug 8 Last Checked: Sep 4 at 9:47AM

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 MPN Realty, Inc.

Investment Insights

Based on property information with market context.

This is a 1,350 square feet first-floor restaurant space located on a signalized corner. The property is a fully fit-out restaurant with all existing furniture, fixtures, and equipment (FF&E). Additional basement storage is available and includes a walk-in. The restaurant features a 14-foot exhaust hood with an Ansul system and a 6-foot type 2 hood. The zoning is CMX-2. The property is located in Northern Liberties, a Philadelphia neighborhood known for its lively atmosphere and modern developments. The area features restaurants, cafes, breweries, boutiques, and nightlife, along with residential streets and green spaces like Liberty Lands Park. Northern Liberties offers a mix of urban living, entertainment, and family-friendly charm, with a walkable layout and convenient location near Center City. The intended use of this property is for restaurant purposes.

Key Highlights

  • Fully fit out restaurant with all existing FF&E
  • 1,350 +/- SF first floor restaurant space on signalized corner
  • 14’ exhaust hood with Ansul system

Property Analytics

Current Use

Ken Shin Asian ... Restaurant Lingdao Home Care Home Health Care Service Kale Yeah Take-out & Catering

Suggested Use

Top Pick Auto Parts Store Plumbing Service Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Supermarket

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
$7.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,436
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 50% Shops & Services 37% Dining 7% Home Improvements & Furnishings 5%
Target Superstores
43,947 visits/mo 0.2 miles
Lukoil Shops & Services
22,388 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,253 visits/mo 0.1 miles
Grainger Home Improvements & Furnishings
3,894 visits/mo 0.4 miles
PNC Bank Shops & Services
3,856 visits/mo 0.3 miles

Demographics for 19123, PA

18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value

Market

Lease Benchmarks for Philadelphia, PA

$31.35 /SF/Yr
Avg Asking Price
$17.5–$48.89 /SF/Yr
Price Range
5,440 SF
Avg Space Size

This space is priced 56% above the average of $31.35 /SF/Yr.

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 - Fully equipped restaurant space for rent in vibrant Northern Liberties.
Where is this conventional restaurant located?
The property is located at 301 Spring Garden St Philadelphia, PA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Fully fit out restaurant with all existing FF&E; 1,350 +/- SF first floor restaurant space on signalized corner; 14’ exhaust hood with Ansul system
(267) 238-1723 Call to check price and availability
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