1627 E Passyunk Avenue Philadelphia, PA $ 1,600,000
1627 E Passyunk Avenue
$ 1,600,000
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1627 E Passyunk Avenue

Philadelphia, PA, 19148
$ 1,600,000
Bedrooms-- Baths-- Sq 4,960

Monthly Estimate*

$ 9,851

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Commercial Property for sale in Philadelphia, PA

for $1,600,000. This 4,960 square foot building was built in 1915 on a lot size of 0.04.

PRIME RESTAURANT / MIXED-USE OPPORTUNITY | EAST PASSYUNK AVE 162729 E Passyunk Ave, Philadelphia, PA 19148 Offered at: $1,600,000 (Real Estate Only) Position your business at the center of one of Philadelphias most vibrant and sought-after commercial corridors: East Passyunk Avenue, South Philadelphias renowned Restaurant Row. This fully renovated 5,000 SF mixed-use property presents a rare opportunity for investors, restaurateurs, or owner-operators seeking scale, visibility, and long-term upside. Please note: The asking price reflects the real estate only. The owner is currently working to secure a tenant for the restaurant space. All restaurant equipment, fixtures, and furniture, including walk-in freezers, are not included in the sale and may be subject to separate negotiation or removed before closing. Buyer has the option to purchase all existing equipment and furniture for an additional $200,000. Property Highlights: Two expansive levels of restaurant/catering/event space Third-floor offices/event space, ideal for administrative use or additional income Full basement for storage and operations Meticulously renovated no expense spared Large-scale layout suitable for high-volume operations Location Advantages: Situated in the heart of East Passyunks Restaurant Row Surrounded by top-rated dining, retail, and nightlife Heavy foot traffic & strong local demographics Municipal parking lot directly across the street Excellent accessibility to Center City and major highways Zoning & Flexibility: Flexible zoning allows for a variety of commercial and office uses Ideal for restaurant groups, hospitality concepts, event venues, or mixed-use investors This is a rare opportunity to acquire a large-scale, fully renovated commercial property in one of Philadelphias most dynamic and proven dining destinations. Opportunities of this size and location on Passyunk Avenue rarely become available.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 7,917

Style

Restaurant/Bar

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2597790

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Electric Available Phone Available Natural Gas Available
Possession Immediate
Roof Flat
Zoning CMX25
Construction Materials Masonry
Exclusions All restaurant equipments and furnitures
Year Built 1915
Property Subtype Mixed Use
Tax Year 2026
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Restaurant/Bar
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name PASSYUNK SQUARE
Water Access Y/N N
Status ACTIVE
Directions Broad St to E Passyunk Ave
City PHILADELPHIA
MLS Area 19148 (19148)
Lot Size Units Square Feet
Lot Size Square Feet 1804.00
Tax Annual Amount 7917.0
Property Condition Excellent
Price Per Sq Ft Total AG 322.58
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 204
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 4960.00
Lot Dimensions 32.00 x 60.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1627
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* Excluded Features
List By
Keller Williams Real Estate Tri-County

Broker

vu.le@kw.com

Email

Affordability Calculator

$10,511
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/21/2026$1,600,000 Listed Price

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1627 E Passyunk Avenue, Philadelphia, PA, 19148 is a Commercial Property for sale at $1,600,000 with 4,960 sqft and a lot size of 0.04. 1627 E Passyunk Avenue was built in 1915. The property's zip code is 19148 which is in Philadelphia, PA