Philadelphia PA Real Estate & Commercial for Sale

This turn key investment property is looking for a new owner. Long term tenants and easily to rent out. Very close to UPenn and Drexel campus. Also a few blocks away from Rittenhouse Square. Very accessible to Schuylkill Walking Trial with lead you to the boat house road. You can use it as an investment or live in one unit and rent out the other two units.

Introducing an exceptional commercial property nestled in the vibrant heart of Fitler Square! This prime establishment currently operates as a well-established bar and restaurant, offering a unique opportunity for entrepreneurs and investors alike. Boasting a coveted CMX-4 zoning, transferable liquor License and a prime corner lot, this property opens doors to a diverse range of possibilities. Location: Situated in the trendy Fitler Square neighborhood, the property enjoys high foot traffic and proximity to various amenities, making it an ideal spot for businesses seeking visibility and accessibility. Usage: Currently operating as a successful bar and restaurant, the space is versatile and can accommodate various business concepts, from upscale dining to trendy nightlife experiences. The current owner is also open to moving back in as a tenant. Zoning: The property is zoned CMX-4, providing flexibility for a wide array of commercial uses. This zoning classification allows for mixed-use development, making it an attractive option for those looking to explore residential and/ or retail opportunities. The end use will determine the max height that someone could build. Liquor License: A significant advantage is the inclusion of a transferable liquor license, simplifying the process for businesses in the food and beverage industry. This valuable asset adds an extra layer of appeal for entrepreneurs looking to capitalize on the thriving hospitality scene. Spacious Interior: The property boasts a generously sized interior, providing ample space for creative layout designs and optimal utilization. The first floor bar / Restaurant consists of 2,948 sq ft. The second and third floors consist of 2 apartments. Apartment 1: 2 beds, 2 baths, 2,004 sq ft and is owner occupied but has the rental potential of around $3000/ month. Apartment 2 : 2 beds, 2 baths 1,233 sq ft. It is currently vacant and a white box, but could have a rental potential of $2500/ month. Outdoor Seating Potential: Explore the option to incorporate outdoor seating, creating an inviting atmosphere for patrons to enjoy al fresco dining or drinks. Established Clientele: Benefit from an existing customer base, thanks to the property's current operation as a popular bar and restaurant. Seller is open to becoming a tenant and still operating the bar/ Restaurant. Seize the opportunity to own this prime commercial property in Fitler Square, where the dynamic blend of location, zoning, and a transferable liquor license sets the stage for success. Whether you're a seasoned restaurateur, an aspiring entrepreneur, or an investor with a keen eye for prime real estate, this property promises a gateway to a thriving business venture. Act now and be part of the flourishing commercial landscape in one of Philadelphia's most sought-after neighborhoods!

Nestled in the vibrant heart of Center City, this unique offering comprises two interconnected buildings, to be sold together. Each building features a storefront and two apartments on the upper floors. Currently, one storefront is leased, and the other hosts a well-established dry cleaning business with a long-term tenant. The basements of these two buildings are interconnected, set up enhancing convenience. Previously set up with refrigerators and a commercial cooking hood, offering versatile possibilities. Upstairs, discover thoughtfully designed apartments, including a 2-bedroom, 2-bathroom unit, and a 1-bedroom, 1-bathroom unit. In total, there are four units across both buildings, all beautifully renovated in 2023.

Welcome to Porciniâs fine dining and trattoria style restaurant in Rittenhouse Square Philadelphia PA! This is the best restaurant area in the city! This beautiful well known restaurant establishment has become a favorite destination for neighborhood and local fine dining. Enter through the main front door and step to the right into the first-floor main dining room with a full kitchen. The dining room comfortably seats approximately 40 customers. Step through the main front door and there is also a stairway to the second floor which has a large space above for additional dining or potential for a special event room. Continue to the third floor which is presently used for storage. This space can be transformed into a rental space or additional restaurant seating. There is also an outdoor space on the top third floor which may be transformed to a deck or outdoor space with beautiful views of the city and Rittenhouse Square. There is also a basement which is used for restrooms and storage. This property has the potential opportunity for more return on investment. There are many possibilities for business growth. This is a unique opportunity to own a well-known restaurant building / property in Rittenhouse Square, Philly! All financial information is available upon request along with a fully executed Confidentiality Agreement. The property is easy to show with a reasonable notice time frame.

Remarkable building in prestigious Rittenhouse Square for an investment opportunity. With 6 apartments and a spacious commercial space, the potential for profit is immense. The commercial space, which boasts two half bathrooms and a small kitchenette, can easily be transformed into an owner suite or additional apartments. Its numerous rooms, including a large conference room with original wood finishes, offer endless possibilities. The brownstone building's tall ceilings, original features, and exquisite finishes add to its allure. The building is equipped with intercom systems and private mail for each apartment, along with a convenient common washer and dryer. Tenants are responsible for gas and electric, while water is included in their rent. Window units provide both air conditioning and heat, and gas and electric are separately metered. Don't miss out on this extraordinary opportunity! The lot is 21x104 and in good condition. This a rare investment opportunity for investors, homeowners, or condo conversion. Local sales $800/sq. ft. or more. Rear egress and handicap ramp, roof deck too! Beautiful and prestigious location. 2nd and 3rd-floor roofs were replaced in 2015 with a 10-year warranty. Fire Escape certified and recently worked on. The property is being sold in "as-is" condition.

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the square, 50 yards away form Rittenhouse market, 100 yards away from Starbucks. The units are under rented so there is room for increases, separate utilities. $187,000 annual rent roll. Property is updated throughout with gorgeous original details. The property runs to street to street, to manning street. there is a one car car-port on the manning street side of the building. **Bonus -There is also a common elevator that can be repaired and brought back to life!!! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this.. Taxes and square footage is the responsibility of the buyer to have verified.

Generational opportunity to acquire a boutiqueÂcommercial building located one-half block fromÂPhiladelphia's most desirable address and meeting place, Rittenhouse Square. Currently vacant; previously owner-occupied for decades as a gallery with showrooms on the first and second floors, and storage on the third and fourth floors. Zoned CMX2 with 25' of frontage, the property is an ideal investment for either a commercial end-user to occupy the entire building, or a developer who wants to convert the top three floors with 10'-12' ceilings to residential while maintainingÂthe valuable ground floor as retail. ÂCapitalize on the tremendousÂfoot traffic at this intersection generated by Starbucks and Rittenhouse Market, in addition to the city's best shops and restaurantsÂlining 18th St. Do not miss the chance to create your own vision at this spectacular location as the opportunity will only come around once inÂa lifetime!

Welcome to 1622 Locust Street, a spectacular and prestigious double wide estate with an expansive rear courtyard situated one block form Rittenhouse Square on a charming, tree-lined block. Constructed in 1852 as the Isaac Lea House, an elegant and stately private residence, the property has been used for commercial purposes for the last century, and for the last five decades has been owned and occupied by the same family as legal offices. With the flexibility to be occupied commercially or through a residential conversion -- including the potential for by-right development of the courtyard -- the opportunity for investors, developers and commercial users alike to acquire this type of property truly only presents itself once in a lifetime! The building was designed by noted architect John Notman, who also designed the Athenaeum on Washington Square, as well as Saint Mark's Church directly across Locust Street. It is one of the first examples in the United States of the Italianate villa style, a distinction which earned the property a Historic designation in Philadelphia in 1967. The building boasts unparalleled original period detail beginning with the ground floor: an ornate vestibule, rooms with gracious proportions; high ceilings, full height windows and doors; crown molding, chair rail, wainscoting; arched and corbelled openings; marble fireplace mantels and inlay parquet floors. A grand central staircase with ornate, carved wood balustrades connects the buildingâs four stories, capped with a stained glass oval skylight. In the rear of the property, accessible from a covered porch sits a large and pristine courtyard, lined with wrought iron railings and brick walls, paved with bluestone. Mature trees, manicured gardening and a fountain create the feeling of a secluded urban oasis. The patio backs onto Latimer Street, providing additional light and air. Each floor of 1622 Locust overlooks beautiful and serene views to the north and south. A covered driveway for two cars is accessible from both the building and Latimer Street.

Rare to market, this commercial mixed use investment opportunity affords today's most savvy investor an incredible slice of heaven in one of the most sought after locations in the city. This magnificent building is ideally located right by Rittenhouse Square on a highly desirable block with all the amenities anyone could ask for. This building has undergone an extensive renovation for a long term medical tenant which has a 2 story medical office, that was painstakingly updated top to bottom. High ceilings, hardwood flooing, updated plumbing and electtrical. The old world charm meeting with today's modern amenitites has been meticulously combined and affords plenty of street exposure and natural lighting. In addition to the medical practice, there are additional apartments as well. There are 4 units, compiling of 3 one bedroom apartments and a two story penthouse with 2 bedrooms. This building brings in about $188,000 in annual inome. Utiliites have been separated out, long term tenants in excess of 10 years for some. This building exemplifies the beauty and archittectural marvel that Philadelphia portrays at a high level. A true pillar to anyone's investment portfolio.

Did you ever want to own your own business with Endless potential and possibilities?? Now is your opportunity to purchase a fully equipped/operational and established business with so many alternative uses for the property. Located Directly on the Corner of 22nd and Arch Street, The neighborhood is economically supported by the presence of a heavily populated area and by the prestigious Logan Square neighborhood and Rittenhouse Residences. So many Condo buildings and townhomes, yet no one has anywhere to sit and dine either casually or fine dining. Food/Liquor/Beer/Wine License included with purchase. All inventory, refrigerators, freezers, walk-ins, and HOOD included with sale. Two Large Bathrooms and an abundance of Storage space, Office Space also, makes this a perfect Investment for a New Bar/Restaurant in the Neighborhood, or you can keep the Arch Gourmet as is! Permit for 3 outside table areas that need to be renewed yearly with the City of Phila. Influential and Prestigious Location for whatever you think is needed on this end of town! Make it happen make this space yours!

Did you ever want to own your own business with Endless potential and possibilities?? Now is your opportunity to purchase a fully equipped/operational and established business with so many alternative uses for the property. Located Directly on the Corner of 22nd and Arch Street, The neighborhood is economically supported by the presence of a heavily populated area and by the prestigious Logan Square neighborhood and Rittenhouse Residences. So many Condo buildings and townhomes, yet no one has anywhere to sit and dine either casually or fine dining. Food/Liquor/Beer/Wine License included with purchase. All inventory, refrigerators, freezers, walk-ins, and HOOD included with sale. Two Large Bathrooms and an abundance of Storage space, Office Space also, makes this a perfect Investment for a New Bar/Restaurant in the Neighborhood, or you can keep the Arch Gourmet as is! Permit for 3 outside table areas that need to be renewed yearly with the City of Phila. Influential and Prestigious Location for whatever you think is needed on this end of town! Make it happen make this space yours!

Welcome to 1629 Locust Street, a once-in-a-generation opportunity to acquire an architectural masterpiece by Horace Trumbauer. Built in 1902, Mr. Trumbauer masterfully designed this five-story townhouse for a sugar baron Edward C. Knight. This property is one of the few remaining contributions of Mr. Trumbauer to the architectural history of Philadelphia. In the exterior façade, Mr. Trumbauer incorporated bold design elements of 18th Century French architecture, such as wrought iron gates created by Samuel Yellin on the front door, windows and balconies. The interior of the Knight Residence is truly exquisite with the most prominent design feature being the elliptical Carrara marble staircase with an elegant iron railing that rises four stories to an oeil-de-boeuf skylight. The second floor is comprised of two Louis XV style salon rooms, which currently serve as meeting rooms. These rooms feature elaborate bronze mounts with arched windows and molded plaster rondels. The third and fourth floors are also elegantly designed in Louis XVI style. The fifth floor, which previously served as the butler's room, is connected to the fourth floor by an interior spiral wooden staircase. With generous CMX-3 zoning, this property provides a blank canvas for occupancy and redevelopment by either an investor or occupant. The location on beautiful tree-lined Locust Street is reminiscent of the opulence and elegance of old-world Philadelphia.