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1627 E Passyunk Ave 4,960 SF Retail Building Philadelphia, PA 19148 $2,191,584 CAD ($441.85 CAD/SF)
Investment Highlights
- Prime positioning on East Passyunk Avenue (Restaurant Row)
- Strong residential density and consistent foot traffic
- Surrounded by award-winning restaurants
Executive Summary
Position your concept at the heart of East Passyunk Avenue—Philadelphia’s celebrated Restaurant Row—with this rare turnkey acquisition. This offering combines real estate ownership with a fully built-out restaurant and complete equipment package, creating a true plug-and-play opportunity for operators and investors alike.
The property spans approximately 5,000 square feet across multiple levels, including two expansive floors for dining, catering, or event use, a third-floor space suitable for offices or private dining, and a full basement for storage and operations. The sale includes two walk-in freezers and a comprehensive equipment package, significantly reducing startup costs and eliminating the delays associated with construction and permitting.
Located in a high-demand dining corridor surrounded by award-winning restaurants, retail, and nightlife, the property benefits from strong residential density, consistent foot traffic, and a municipal parking lot directly across the street. With easy access to Center City, I-95, and public transportation, this site offers exceptional connectivity. Flexible zoning allows for restaurant, retail, office, or mixed-use conversion, providing long-term adaptability and value.
This is a rare opportunity to secure both the real estate and a fully operational restaurant platform in one of Philadelphia’s most dynamic culinary destinations.
The property spans approximately 5,000 square feet across multiple levels, including two expansive floors for dining, catering, or event use, a third-floor space suitable for offices or private dining, and a full basement for storage and operations. The sale includes two walk-in freezers and a comprehensive equipment package, significantly reducing startup costs and eliminating the delays associated with construction and permitting.
Located in a high-demand dining corridor surrounded by award-winning restaurants, retail, and nightlife, the property benefits from strong residential density, consistent foot traffic, and a municipal parking lot directly across the street. With easy access to Center City, I-95, and public transportation, this site offers exceptional connectivity. Flexible zoning allows for restaurant, retail, office, or mixed-use conversion, providing long-term adaptability and value.
This is a rare opportunity to secure both the real estate and a fully operational restaurant platform in one of Philadelphia’s most dynamic culinary destinations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,960 SF
Building Class
B
Year Built/Renovated
1923/2025
Price
$2,191,584 CAD
Price Per SF
$441.85 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.85
Lot Size
0.04 AC
Zoning
CMX2.5 - is for pedestrian-friendly retail and service uses in commercial areas. It promotes active, mixed-use environments with a focus on walkability.
Frontage
32’ on Passyunk Ave
Amenities
- Pylon Sign
- Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 882015890 | Improvements Assessment | $618,513 CAD |
| Land Assessment | $154,628 CAD | Total Assessment | $773,141 CAD |
Property Taxes
Parcel Number
882015890
Land Assessment
$154,628 CAD
Improvements Assessment
$618,513 CAD
Total Assessment
$773,141 CAD
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1627 E Passyunk Ave
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