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Listed by Vasili Barbounis • KW Empower
$ 3,950
Active
727 S 2ND ST #COMMERCIAL UNIT Philadelphia, PA 19147
1,120 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Rent
Subdivision Queen Village
MLS Listing ID PAPH2609498
Year Built 1890
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Sub-Type Other
Source BRIGHT
Property Description
Prime corner retail property in Queen Village with a proven restaurant tenant and modernized basement kitchen.
Located at the corner of 2nd and Monroe Streets in the sought-after Queen Village neighborhood, this 3-story CMX mixed-use building offers a unique opportunity for a new restaurant or café. Built in 1906, the property spans4,480 sq. ft. and is fully leased across four other units — four residential apartments and one first-floor commercial space. The available commercial space is approximately 1,200 square feet; 600 square feet at the first floor and 600 square feet below grade.
The bi-level storefront unit features a corner frontage and has been home to cafés and restaurants. The basement level includes a full, modern restaurant kitchen equipped with updated commercial appliances, a large exhaust hood, and separate gas and electric meters. The space is well-maintained, with attractive brickwork, recessed lighting, and central air conditioning. The first-floor interior currently has a modern and sleek aesthetic and can be modified to potential tenants' needs. Currently vacant and available for immediate occupancy. NNN lease.
Key features:
• Corner lot location with 16' frontage on 2nd Street & quaint Monroe St.
• Basement-level fully equipped kitchen (approx. 600 sq. ft.) with modern equipment.
• Proven tenant history — long-standing café/restaurant success.
• All other units leased, stable building.
• Parking — one on-site space currently rented to a residential tenant.
• Utilities — public water and sewer, gas heat, electric cooling
This property is ideally suited as a turnkey restaurant or café to leverage its established tenant base, prime location, and modernized kitchen.
Located at the corner of 2nd and Monroe Streets in the sought-after Queen Village neighborhood, this 3-story CMX mixed-use building offers a unique opportunity for a new restaurant or café. Built in 1906, the property spans4,480 sq. ft. and is fully leased across four other units — four residential apartments and one first-floor commercial space. The available commercial space is approximately 1,200 square feet; 600 square feet at the first floor and 600 square feet below grade.
The bi-level storefront unit features a corner frontage and has been home to cafés and restaurants. The basement level includes a full, modern restaurant kitchen equipped with updated commercial appliances, a large exhaust hood, and separate gas and electric meters. The space is well-maintained, with attractive brickwork, recessed lighting, and central air conditioning. The first-floor interior currently has a modern and sleek aesthetic and can be modified to potential tenants' needs. Currently vacant and available for immediate occupancy. NNN lease.
Key features:
• Corner lot location with 16' frontage on 2nd Street & quaint Monroe St.
• Basement-level fully equipped kitchen (approx. 600 sq. ft.) with modern equipment.
• Proven tenant history — long-standing café/restaurant success.
• All other units leased, stable building.
• Parking — one on-site space currently rented to a residential tenant.
• Utilities — public water and sewer, gas heat, electric cooling
This property is ideally suited as a turnkey restaurant or café to leverage its established tenant base, prime location, and modernized kitchen.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Ceramic Tile
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
View Street
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Meredith William
School District Philadelphia City
Others
Tax ID 871044800
Ownership Other
Nearby Locations