3862 Terrace Street Philadelphia, PA $ 160,000
3862 Terrace Street
$ 160,000
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3862 Terrace Street

Philadelphia, PA, 19128
$ 160,000
Bedrooms-- Baths-- Sq 3,500

Monthly Estimate*

$ 998

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Commercial Property for sale in Philadelphia, PA

for $160,000. This 3,500 square foot building was built in 1940 on a lot size of 0.08.

Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.

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Commercial Coming Soon

Price

$ 160,000

Property Type

Commercial

Taxes

$ 5,881

Style

Restaurant/Bar

Lot Size

0.08

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2567490

Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Zoning CMX1
Security Features Surveillance Sys Smoke Detector Security System
Construction Materials Masonry
Exclusions Tenants and belongings
Year Built 1940
Property Subtype Mixed Use
Tax Year 2025
Current Use Restaurant
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Restaurant/Bar
Accessibility 36 + wide Halls
County PHILADELPHIA
New Construction N
Property Type Business Opportunity
Subdivision Name MANAYUNK
Water Access Y/N N
Status COMING SOON
Directions Interstate 76 to Ridge Ave North to left on Terrace Street
City PHILADELPHIA
MLS Area 19128 (19128)
Lot Size Units Square Feet
Lot Size Square Feet 3500.00
Tax Annual Amount 5881.0
Property Condition Excellent
Price Per Sq Ft Total AG 45.71
Acceptable Financing Cash
Leasable Area 3500
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 54
Leasehold Rent $/Mo 4500.00
Lease Amount Frequency Monthly
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Restaurant Business Assets Furniture Fixtures Equipment Lease proposal $4 500 +NNN
Type of Parking On Street
Water View Y/N N
Building Area Total 3500.00
Lot Dimensions 35.00 x 100.00
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 84040.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3862
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* Excluded Features
List By
Keller Williams Realty

Broker

paulcheng@kw.com

Email

Affordability Calculator

$1,488
Per Month
67%
33%
0%
Monthly Principal & Interest
$998
Monthly Property Taxes
$490
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$160,000 Listed Price

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3862 Terrace Street, Philadelphia, PA, 19128 is a Commercial Property for sale at $160,000 with 3,500 sqft and a lot size of 0.08. 3862 Terrace Street was built in 1940. The property's zip code is 19128 which is in Philadelphia, PA