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Restaurant Space with Equipped Kitchen

727 S 2nd Street Commercial Unit, Philadelphia, PA 19147

For Lease
New
$3,950/Mo NNN

Corner storefront space includes a commercial kitchen and central air conditioning.

Space Size1,000 SF
Days on Market2

Property Features for 727 S 2nd Street Commercial Unit

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Lease Type NNN

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor Ground + Basement
Space Use Restaurant
Available From Immediate

Site & Location

Neighborhood Queen Village
Frontage 16 ft
Corner Location Yes
Utilities to Site Yes

Restaurant

Commercial Hood Yes
Equipment Included Yes
Second-Generation Restaurant Yes

Additional Details

Flexible Term Yes

Amenities

modernized basement kitchen
updated commercial appliances
large exhaust hood
separate gas and electric meters
central air conditioning
recessed lighting
attractive brickwork

Building Details

Year Built 1890
Tenancy Multi
Listing Agency: KW Empower
Listed By: Vasili G Barbounis
Source: Southjerseyshorehomesfinder
Added: Nov 8 Last Checked: Sep 14 at 6:52AM

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 KW Empower

Rey
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Investment Insights

Based on property information with market context.

This vacant, two-level restaurant space provides approximately 1,000 square feet, divided between 500 square feet on the first floor and 500 square feet below grade. The basement contains a fully equipped commercial kitchen with updated appliances and a large exhaust hood. Interior features include brickwork, recessed lighting, and central air conditioning; the first-floor layout can be adapted to a tenant’s needs. The building dates to 1906, and the space is available for immediate occupancy under an NNN lease or negotiable terms.

At 727 South 2nd Street, the storefront occupies a corner at 2nd and Monroe Streets in Philadelphia’s Queen Village neighborhood. The below-grade kitchen also has sidewalk access.

Key Highlights

  • Approximately 1,000 square feet, with 500 square feet on each of two levels
  • Commercial kitchen with updated appliances and a large exhaust hood
  • Corner location at 2nd and Monroe Streets in Queen Village

Property Analytics

Current Use

Chef 2 The Max ... Catering Service 11:11 Make A Wish Restaurant Chef2TheMax Catering Catering Service The IGA Floors & Designs ... General Contractor

Suggested Use

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

Multi-tenant
Tenancy
Yes
Utilities to site
Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,605
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 28% Shops & Services 20% Beauty & Spa 9%
Dunkin' Donuts Dining
14,001 visits/mo 0.4 miles
ACME Markets Groceries
12,615 visits/mo 0.4 miles
TD Bank Shops & Services
6,416 visits/mo 0.2 miles
Chart House Dining
3,684 visits/mo 0.4 miles
Pep Boys Auto Parts & Service Shops & Services
2,598 visits/mo 0.5 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

Market

Lease Benchmarks for Philadelphia, PA

$24.36 /SF/Yr
Avg Asking Price
$3.94–$33.6 /SF/Yr
Price Range
5,428 SF
Avg Space Size

Properties on Market for 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

  • Brûlée Catering — 1406 S Front St, Philadelphia, PA 19147
  • Philly Burrito Company — 947 federal st, philadelphia, pa 19147
  • Chef Works — 234 queen st, philadelphia, pa 19147
  • Chef 2 The Max Eats — 727 S 2nd St #4F, Philadelphia, PA 19147
  • Chef2TheMax Catering — 727 S 2nd St, Philadelphia, PA 19147

Frequently Asked Questions

What type of property is this?
Restaurant - Corner storefront space includes a commercial kitchen and central air conditioning.
Where is this restaurant located?
The property is located at 727 S 2nd Street Commercial Unit Philadelphia, PA.
What is the lease rate?
The lease rate is $3,950/Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet, with 500 square feet on each of two levels; Commercial kitchen with updated appliances and a large exhaust hood; Corner location at 2nd and Monroe Streets in Queen Village
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