For Sale
$1,375,000

302 Market StPhiladelphia, PA 19106

Historic Philadelphia eatery, 2840 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional mixed-use property, located at 302 Market Street in Philadelphia's vibrant Old City, presents a unique investment opportunity. The 2,840 square foot building sits on a 1,760 square foot lot (0.04 acres) and is zoned CMX3, offering versatility for a variety of uses. Currently configured as a two-story restaurant, the structure boasts a modern, full-height, finished basement and convenient rear yard access to 3rd Street. Its prime corner location in Old City ensures high foot traffic and visibility, ideal for a thriving retail business or restaurant. The building's existing structure is engineered to support two additional floors, providing significant expansion potential for future growth. This fee-simple ownership opportunity allows for complete control and customization, making it an attractive proposition for both seasoned investors and ambitious entrepreneurs seeking to establish a presence in one of Philadelphia's most desirable and historic neighborhoods. The property's APN is 885812840. This is a chance to acquire a piece of Philadelphia history and capitalize on the area's bustling restaurant scene and high-density pedestrian traffic. The asking price is $1,375,000.

Highlights

  • $1,375,000 asking price for a fee simple ownership of a mixed-use property.
  • 2,840 square foot building on a 1,760 square foot lot.
  • Located at 302 Market Street, Philadelphia, PA 19106, in the heart of Old City.
  • CMX3 zoning.
  • Currently configured as a two-story structure, engineered for two additional floors.

Property Details for 302 Market St

Property type
Retail properties, Restaurants
Square Feet
2,840 SF
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9500378
Longitude
-75.1459931
302 Market St, Philadelphia, Pennsylvania

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302 Market St
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