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This is a very busy corner building on a main street, and it's been a seafood restaurant for a very long time, and it used to do extremely well. The current tenant has a 20-year lease, starting at $2,560 per month, with a $50 increase every year starting from the third year. This restaurant has had very high sales for a long time. It has a walk-in freezer, cooking grills, and all the necessary equipment. The current owner is currently renovating the facilities. The next owner will receive monthly rent payments. This is a very good investment property. The building owner is only responsible for property taxes, building insurance, and roofing; the tenant is responsible for everything else. The tenant will likely pay the rent reliably because they expect to receive over $150,000 when they eventually sell the business.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1915 | COMMUNITY | 19151 (19151) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19151 (19151) |
| HEAT | Central, Natural Gas |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 18.00 x 109.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 1476 |
| UTILITIES | Natural Gas Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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