2048 Sansom St Philadelphia, PA 19103
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Turnkey Restaurant, Prime Location
Property size:
2,250 SFProperty Features for 2048 Sansom St
General Information
- Property type
- Restaurants
- Square Feet
- 2,250 SF
- Class
- C
- Lot Size
- 871 SF
Building Details
- Year Built
- 1915
- Stories
- 3
Listing Agency: Long & Foster Real Estate Devon Listing Agent: Bud Emig
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully equipped, three-story restaurant in Philadelphia's vibrant Center City. Located at 2048 Sansom Street, this 2,250 square foot establishment sits on a 0.02-acre lot and boasts a strong reputation, having operated successfully for 27 years. The property, built in 1915, is zoned CMX-4 and includes all existing furniture and equipment, offering a true turnkey operation. Its prime location in Rittenhouse Square provides high visibility and accessibility, benefiting from excellent public transportation and pedestrian traffic. The surrounding area features a mix of high-end retailers, boutiques, art galleries, and diverse dining options, creating a thriving commercial corridor. This well-established restaurant has received accolades including OpenTable's Diners' Choice Award (2023) and Nextdoor's Neighborhood Favorite Award (2020), demonstrating its consistent popularity and profitability. The asking price is $1,599,000, translating to $710.67 per square foot. This presents a rare opportunity to acquire a profitable, established business and prime real estate in a highly desirable location. The property's Class C designation reflects its age and potential for future upgrades or renovations.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Porcini
Restaurant
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.175085576919
- Latitude
- 39.951478749838
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FAQs
What type of property is this?
Restaurant - Turnkey Restaurant, Prime Location
Where is this restaurant located?
The property is located at 2048 Sansom St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Prime Center City, Philadelphia location at 2048 Sansom Street, offering high visibility and access to a vibrant customer base.; Established Italian restaurant, Porcini, with a 27-year history and strong reputation for quality.; Turnkey operation; sale includes all existing furniture, fixtures, and equipment.
