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Property profile & analytics

1141 Pine St Philadelphia, PA 19107

  • Turn key restaurants
  • 3,532 SF
  • 0.04 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-2143163
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

  • Mixto Restaurante / Latin American Restaurant / Cuban Restaurant

Property Details for 1141 Pine St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.04 lot acres
Property size
3,532 SF
Zone code
CMX1
Property type
Turn key restaurants
APN
88-2-0182-90
APU
882018290

Description

This exceptional turnkey restaurant opportunity is located at 1141-1143 Pine Street in Philadelphia's vibrant Washington Square West neighborhood. Built in 1900, this beautifully maintained, dual-storefront property boasts historic charm blended with modern amenities. The classic brick exterior and large windows create an inviting atmosphere, while the interior features original architectural details alongside updated restaurant essentials. The property includes two levels of seating, a spacious bar area, a fully equipped commercial kitchen, and ample storage. A significant advantage is the inclusion of an outdoor dining area, perfect for maximizing revenue during warmer months. This fully operational restaurant benefits from an established reputation and loyal clientele, built on authentic Latin-American cuisine and a lively atmosphere. The property's prime location, situated in a high-traffic area steps from Center City, places it within easy walking distance of major hospitals, Jefferson University, and Rittenhouse Square, ensuring high visibility and foot traffic. This is a rare opportunity to acquire a thriving business in a rapidly growing area, offering significant investment potential for experienced restaurateurs or investors seeking a dynamic commercial space. The property's APN is 882018290. The sale includes the real estate, liquor license, and all furniture, fixtures, and equipment (FF&E).


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.1611
Latitude
39.9452
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
$11,630
$166,160
$664,640
$830,800
-
$166,160
$664,640
$830,800
More about this property
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