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Property profile & analytics

312 Market St Philadelphia, PA 19106

  • Office Properties & Spaces
  • 10,729 SF
Value Estimation
Location Intelligence
Property ID
US73-0680900
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 312 Market St

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
10,729 SF
Zone code
CMX3
Property type
Office Properties & Spaces
APN
88-8-0577-00
APU
888057700

Description

This exceptional 10,000 square foot, single-tenant property in Philadelphia's historic Old City offers a unique opportunity for a large-scale restaurant or entertainment venue. Located on Market Street, this first-floor space boasts a fully equipped kitchen with a modern hood, two bars, and a spacious full basement. The existing liquor license is a significant advantage. High ceilings, a DJ booth, and a 1,000-square-foot mezzanine provide ample space for diverse uses and events. Handicapped-accessible restrooms ensure inclusivity. Abundant natural light from skylights creates a welcoming atmosphere. Expansion potential exists with two additional floors above the kitchen, previously sealed off. This prime location is adjacent to America's oldest post office and near popular attractions, ensuring high foot traffic and visibility. Its proximity to the award-winning Fork Restaurant further enhances its desirability. The CMX3 zoning allows for a variety of uses, including restaurants, bars, pubs, VR rooms, or event spaces. Built in 2005, this property presents a rare chance to establish a thriving business in one of Philadelphia's most vibrant and sought-after neighborhoods. The property features 14,881 square feet of vacant space. The Assessor's Parcel Number (APN) is 888057700.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.1464
Latitude
39.9497
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,187
$216,260
$1,225,840
$1,442,100
-
$216,260
$1,225,840
$1,442,100
More about this property
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