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947 Federal St
Philadelphia, PA 19147
Retail Property For Sale


Investment Highlights
- Turnkey Commercial Restaurant Opportunity with Fully Equipped Commercial Kitchen
- Prime Corner Property
- Exceptional Foot Traffic Located 2 Blocks from Pat's and Geno's
Executive Summary
Positioned in one of Philadelphia’s most iconic and high-traffic culinary destinations, this prime corner property offers unbeatable visibility and endless potential. Located just two blocks from the legendary Pat’s & Geno's and directly across from the bustling Capitolo Playground, this location benefits from an exceptional, built-in stream of foot traffic and neighborhood vibrancy.
Currently owner-occupied and operating with a 40-45 seat capacity, the building features a fully equipped commercial kitchen complete with an exhaust hood, extensive refrigeration, and deep-freeze storage. The space is entirely move-in ready for a restaurateur, boasting relatively new, high-efficiency A/C equipment throughout the first floor. Storage, utilities and bathroom are located on the lower level.
Unparalleled Development Potential: A rare one-story building with a full basement, structurally primed for a two-story vertical expansion to maximize your footprint or add residential/commercial rental income.
Turnkey Infrastructure: Fully loaded basement dedicated to utilities and massive storage capacity. Two dedicated loading zones directly out front make deliveries and high-volume takeout a breeze.
Versatile Zoning & Licensing: Previously held a liquor license (buyer to obtain their own), making it a seamless transition for a vibrant bar/restaurant, high-end fine dining, a trendy café, or a high-volume catering and takeout hub.
Bring your vision to a neighborhood synonymous with Philadelphia food culture!
Business not included. Liquor license not included. Furniture not included, bar negotiable.
Currently owner-occupied and operating with a 40-45 seat capacity, the building features a fully equipped commercial kitchen complete with an exhaust hood, extensive refrigeration, and deep-freeze storage. The space is entirely move-in ready for a restaurateur, boasting relatively new, high-efficiency A/C equipment throughout the first floor. Storage, utilities and bathroom are located on the lower level.
Unparalleled Development Potential: A rare one-story building with a full basement, structurally primed for a two-story vertical expansion to maximize your footprint or add residential/commercial rental income.
Turnkey Infrastructure: Fully loaded basement dedicated to utilities and massive storage capacity. Two dedicated loading zones directly out front make deliveries and high-volume takeout a breeze.
Versatile Zoning & Licensing: Previously held a liquor license (buyer to obtain their own), making it a seamless transition for a vibrant bar/restaurant, high-end fine dining, a trendy café, or a high-volume catering and takeout hub.
Bring your vision to a neighborhood synonymous with Philadelphia food culture!
Business not included. Liquor license not included. Furniture not included, bar negotiable.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,750 SF
Building Class
C
Year Built
1915
Price
$1,056,360 CAD
Price Per SF
$603.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.05 AC
Zoning
RSA5 - designed to accommodate attached rowhomes and single-family dwellings.
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 882933136 | Improvements Assessment | $370,998 CAD |
| Land Assessment | $92,749 CAD | Total Assessment | $463,747 CAD |
Property Taxes
Parcel Number
882933136
Land Assessment
$92,749 CAD
Improvements Assessment
$370,998 CAD
Total Assessment
$463,747 CAD
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