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Restaurant Space in Northern Liberties
For Lease
$5,500/Mo

301 SPRING GARDEN STREET, Philadelphia, PA 19123

CommercialLease - PHILADELPHIA, PA

Space SizeContact for details
Lot Size0.08 Acres
Days on Market101

Property Features for 301 SPRING GARDEN STREET

General Information

Property type Other
Property subtype Retail
Property condition Under Construction
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,350 SF
Lot size 0.08 Acres

Building Details

Year built 1909
Building materials Brick
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Nadia T Bilynsky · License #RS311101
Added: May 15 Changed: Jun 9 Last Checked: Aug 23 at 9:06PM
MLS# PAPH2622588

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.

This commercial space offers approximately 1,350 square feet of first-floor restaurant space situated on a signalized corner. The property is a fully fit-out restaurant, including all existing FF&E. Additional basement storage is available, complete with a walk-in. The restaurant features a 14-foot exhaust hood with an Ansul system, as well as a 6-foot type 2 hood. The zoning is CMX-2. Located in Northern Liberties, one of Philadelphia's most popular neighborhoods, the area is known for its lively atmosphere, modern developments, and strong sense of community. The neighborhood features trendy restaurants, cafes, breweries, boutiques, and nightlife, along with residential streets and green spaces like Liberty Lands Park. With a walkable layout and convenient location near Center City, Northern Liberties offers a mix of urban living, entertainment, and family-friendly charm.

Key Highlights

  • Fully fit out restaurant with all existing FF&E included.
  • 1,350 +/- SF first floor restaurant space on a 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

Turnkey business
Opportunity
Yes
Commercial hood
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant space in Philadelphia's vibrant Northern Liberties.
Where is this conventional restaurant located?
The property is located at 301 SPRING GARDEN STREET 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 included.; 1,350 +/- SF first floor restaurant space on a signalized corner.**; 14' exhaust hood with Ansul system.
More about this property
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