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Property profile & analytics
OFF-MARKET Estimated value $890,000
Turn key restaurants

2104 Market St 6 Philadelphia, PA 19103-3156

13,500 SF 0.1 ac lot Built 1890
Entity Owned 11-yr Hold Free & Clear
Property ID
US73-2601042
Property summary
AI-generated overview

This exceptional 3,600 square foot, second-generation restaurant space is located on Market Street in Philadelphia's vibrant Market Street-West submarket. Situated within a three-story, 12,892 square foot building, this single-tenant property offers a truly turnkey operation. The space is fully equipped with existing ventilation and all necessary restaurant equipment, presenting a "plug and play" opportunity for immediate occupancy with minimal renovations required. Its prime location offers excellent visibility and signage opportunities on Market Street, placing it steps away from Commerce Square and the heart of Philadelphia's Central Business District. This is an ideal location for a restaurant seeking immediate access to a high-traffic area with significant foot and vehicle traffic. Landlord incentives are available for qualified tenants, making this a compelling opportunity for the right business. The property is located in Philadelphia County. This is a rare chance to acquire a fully operational restaurant space in a highly desirable location, minimizing start-up costs and maximizing immediate revenue potential. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,500 SF
Lot 0.1 ac (4,500 SF)
Zoning code CMX5
APN 88-2-0288-70
UPID US73-2601042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pho Street Restaurant
  • Humanscale Production Facility Factory
  • SITIO architecture + urbanism Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$890k
Owner & transaction history
2100 Market LP · 11 yrs held
2100 Market LP
since 2015
1 recorded transaction
2015
$16.6M
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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