1734-36 Passyunk Ave Philadelphia, PA 19148
- Retail properties
- 6,670 SF
Current Use by Public Records
- Retail properties
Property Details for 1734-36 Passyunk Ave
- Property size
- 6,670 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional restaurant opportunity is located at 1734-36 East Passyunk Avenue in Philadelphia, Pennsylvania, 19148. The property boasts a substantial 6,670 square feet of space, spread across multiple floors and including a basement. Currently operating as a restaurant, this turnkey business benefits from an existing setup and high visibility in a thriving location. The asking price is $2,000,000, translating to $299.85 per square foot. The property is zoned CMX-2.5, offering flexibility for various uses. A significant advantage is the availability of a liquor license, a valuable asset for any restaurant operation. Situated in the heart of East Passyunk, a vibrant and rapidly growing food scene in Philadelphia, this property enjoys close proximity to other South Philadelphia landmarks. The area's popularity is underscored by its recognition as home to some of Philadelphia's best pizza, as highlighted by "My Philly Alive." This presents a rare chance to acquire a well-established restaurant in a highly sought-after neighborhood with significant potential for continued success. The property's size, location, and existing infrastructure make it an attractive investment for experienced restaurateurs or those seeking to enter the Philadelphia food market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1659
- Latitude
- 39.928
