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118-122 Market St 3,000 SF of Retail Space Available in Philadelphia, PA 19106
Highlights
- Surrounded by restaurants, cocktail bars, specialty shops, and cafes.
- Enhancing walkability and bike safety between 2nd and 6th Streets.
- Local and tourist activity near Independence Mall and new residential developments.
- Corner site with dual street frontage and large windows.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
This property features approximately 3,000 SF of second-generation corner restaurant space, complemented by an additional 3,000 SF usable basement with a walk-in cooler. The layout includes two existing bars, providing a turnkey opportunity for food and beverage operators. With 45 feet of frontage along Market Street and expansive windows on both Market and Letitia Streets, the space offers excellent visibility and natural light. Positioned in Old City’s vibrant dining and retail corridor, this location is ideal for attracting both local patrons and tourist traffic.
- Lease rate does not include utilities, property expenses or building services
- Corner Space
- Partially Built-Out as a Restaurant or Café Space
- Great Location.
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 3,000 SF | Negotiable | $37.77 CAD/SF/YR $3.15 CAD/SF/MO $113,310 CAD/YR $9,443 CAD/MO | Retail | Partial Build-Out | Now |
1st Floor
| Size |
| 3,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| $37.77 CAD/SF/YR $3.15 CAD/SF/MO $113,310 CAD/YR $9,443 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,000 SF |
| Term | Negotiable |
| Rental Rate | $37.77 CAD/SF/YR |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
This property features approximately 3,000 SF of second-generation corner restaurant space, complemented by an additional 3,000 SF usable basement with a walk-in cooler. The layout includes two existing bars, providing a turnkey opportunity for food and beverage operators. With 45 feet of frontage along Market Street and expansive windows on both Market and Letitia Streets, the space offers excellent visibility and natural light. Positioned in Old City’s vibrant dining and retail corridor, this location is ideal for attracting both local patrons and tourist traffic.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Corner Space
- Great Location.
Property Facts
| Total Space Available | 3,000 SF | Apartment Style | Mid-Rise |
| No. Units | 15 | Building Size | 17,769 SF |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Total Space Available | 3,000 SF |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 17,769 SF |
| Year Built | 1900 |
About the Property
Prime corner restaurant space in the heart of Old City! This 3,000 SF second-generation restaurant offers exceptional visibility and functionality for your next concept. The property includes two existing bars, a usable basement with walk-in, and 45 feet of frontage along Market Street. With windows on both Market and Letitia Streets, this space is ideal for attracting both local patrons and tourist traffic. Located just steps from Independence Mall and surrounded by thousands of new apartment units, this site sits in Old City’s premier dining and retail corridor.
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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118-122 Market St
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