2,750 Sqft Lot
2,750 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Chinatown
MLS Listing ID PAPH2645552
Year Built 1925
Annual Tax Amount $15,747
Tax Year 2025
Lot Size 2,750 Sqft
Acres 0.06
Lot Dimensions 25.00 x 110.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Exceptional opportunity to lease a fully equipped restaurant in the heart of Chinatown, just one block from the Pennsylvania Convention Center and the famous Reading Terminal Market. This highly visible corner location at 10th & Arch Streets is surrounded by major tourist attractions, including Independence National Historical Park, and offers outstanding foot traffic in one of Philadelphia's most vibrant dining and entertainment districts.
The property features a spacious dining room, a large commercial kitchen, and a full basement equipped with a walk-in freezer, walk-in refrigerator, ample storage, and additional utility space. Although the restaurant is currently closed, the lease includes all existing assets, furniture, fixtures, and equipment in their current condition, providing an excellent opportunity for a new owner to launch or expand a restaurant concept.
A new lease is available starting at $7,500 per month, NNN.
This premier location, directly across from the Chinatown Friendship Gate, is ideal for virtually any restaurant or food service concept.
Showings are by appointment only. Qualified prospective tenants must demonstrate strong financial qualifications prior to scheduling a tour.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Ceramic Tile
Inclusions Restaurant Assets, Furniture, Fixtures, Equipment
Heat Source Electric, Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881014776
Ownership Leasehold
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Nearby Locations
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12320 Academy Rd, Philadelphia, Pennsylvania 19154, USA