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Restaurant Space with Basement

540 South Street, Philadelphia, PA 19147

For Lease
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Existing kitchen infrastructure includes Type 1 ventilation and FF&E.

Space Size2,715 SF
Days on Market48

Property Features for 540 South Street

General Information

Standard status Active
Size 2,715 SF
Property subtype Restaurant

Space & Availability

Space Use Restaurant
Furnished Yes

Site & Location

Neighborhood Queen Village
Corner Location Yes

Restaurant

Hood Type Type I
Commercial Hood Yes
Equipment Included Yes
Second-Generation Restaurant Yes

Spaces For Lease

at 540 South Street
#1 Active
Size 2,715 SF
Contact us
Listing Agency: MSC Retail
Listed By: Annellyse Chan · License PA RS370944
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 10 at 5:11AM

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 MSC Retail

Rey
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Investment Insights

Based on property information with market context.

A restaurant space at 540 South Street offers 1,675 SF plus a basement. The premises include Type 1 ventilation and FF&E, with the former Federal Donuts location available for reuse.

The property is at the intersection of 6th and South Streets in Philadelphia’s Queen Village. Restaurants, shops, and neighborhood businesses are situated nearby.

Key Highlights

  • 1,675 SF plus basement
  • Type 1 ventilation and FF&E included
  • At the intersection of 6th and South Streets in Queen Village

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Federal Donuts & Chicken ... Bakery

Suggested Use

Top Pick Electrical Service Tanning Salon Buffet Pet Grooming Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

10,003
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 64% Shops & Services 22% Dining 13% Electronics 1%
Whole Foods Market Groceries
37,607 visits/mo 0.3 miles
ACME Markets Groceries
20,427 visits/mo 0.4 miles
Sunoco Shops & Services
16,488 visits/mo 0.5 miles
ACME Markets Groceries
12,615 visits/mo 0.3 miles
Kung Fu Tea Dining
7,072 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Conventional restaurants in Philadelphia

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Ruby Buffet — 1100 S Christopher Columbus Blvd, Philadelphia, PA 19147

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing kitchen infrastructure includes Type 1 ventilation and FF&E.
Where is this conventional restaurant located?
The property is located at 540 South Street Philadelphia, PA.
What are key features of this property?
This property features: 1,675 SF plus basement; Type 1 ventilation and FF&E included; At the intersection of 6th and South Streets in Queen Village
(215) 883-7379 · Office Call to check price and availability
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