
1,804 Sqft Lot
1,804 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Passyunk Square
MLS Listing ID PAPH2597790
Year Built 1915
Annual Tax Amount $7,917
Tax Year 2026
Lot Size 1,804 Sqft
Acres 0.04
Lot Dimensions 32.00 x 60.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
1627–29 E Passyunk Ave, Philadelphia, PA 19148
Offered at: $1,600,000 (Real Estate Only)
Position your business at the center of one of Philadelphia's most vibrant and sought-after commercial corridors: East Passyunk Avenue, South Philadelphia's renowned Restaurant Row.
This fully renovated ±5,000 SF mixed-use property presents a rare opportunity for investors, restaurateurs, or owner-operators seeking scale, visibility, and long-term upside.
Please note: The asking price reflects the real estate only. The owner is currently working to secure a tenant for the restaurant space. All restaurant equipment, fixtures, and furniture, including walk-in freezers, are not included in the sale and may be subject to separate negotiation or removed before closing. Buyer has the option to purchase all existing equipment and furniture for an additional $200,000.
Property Highlights:
Two expansive levels of restaurant/catering/event space
Third-floor offices/event space, ideal for administrative use or additional income
Full basement for storage and operations
Meticulously renovated – no expense spared
Large-scale layout suitable for high-volume operations
Location Advantages:
Situated in the heart of East Passyunk's Restaurant Row
Surrounded by top-rated dining, retail, and nightlife
Heavy foot traffic & strong local demographics
Municipal parking lot directly across the street
Excellent accessibility to Center City and major highways
Zoning & Flexibility:
Flexible zoning allows for a variety of commercial and office uses
Ideal for restaurant groups, hospitality concepts, event venues, or mixed-use investors
This is a rare opportunity to acquire a large-scale, fully renovated commercial property in one of Philadelphia's most dynamic and proven dining destinations. Opportunities of this size and location on Passyunk Avenue rarely become available.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Phone Available, Natural Gas Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882015890
Ownership Fee Simple
Special Listing Condition Standard

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