1247 N Front Street
Philadelphia, PA, 19122 $ 4,800,000
Bedrooms-- Baths-- Sq 15,000 Monthly Estimate*
$ 29,554
for $4,800,000. This 15,000 square foot building was built in 1915 on a lot size of 0.06.
124753 N. Front Street presents an exceptional opportunity to acquire a fully turn-key, income-producing mixed-use asset in the heart of Fishtown one of Philadelphias most dynamic and sought-after neighborhoods. The offering encompasses the fee-simple real estate, the operating business of Front Street Cafe, a Pennsylvania R liquor license, all furniture, fixtures, and equipment (FF&E), and four (4) fully leased residential units. Priced at $4,800,000, this transaction delivers immediate cash flow from multiple revenue streams and significant upside potential for an owner-operator or savvy investor. Front Street Cafe is a well-established Philadelphia dining destination occupying three floors of a character-rich building that perfectly embodies the Fishtown aesthetic. The restaurant features an expansive ground-floor dining room and bar, a second-floor event and dining level, and an expansive outdoor space designed for al fresco dining, private events, and high-volume warm-weather bar service. The outdoor area is a standout amenity in a market where outdoor seating commands premium guest spending and event bookings. The sale includes an existing liquor license and all FF&E required for day-one operations kitchen equipment, bar fixtures, furniture, point-of-sale systems, and more. Complementing the restaurant business, the property includes four (4) fully leased residential units that currently gross $95,400/year in annual revenue, providing stable, diversified rental income that supports the overall investment thesis. Together, the commercial and residential components create a resilient, multi-revenue asset ideally positioned to benefit from Fishtowns continued residential growth, strong tourism traffic, and world-class dining scene.
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Commercial Coming SoonRestaurant/Bar,Apartment Building
FeaturesInteriorHeating Fuel None
Hot Water Electric
Central Air Y/N N
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GeneralSewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning CMX3
Construction Materials Masonry
Year Built 1915
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Restaurant/Bar Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status COMING SOON
Directions North on Front Street from Girard Avenue
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19122 (19122)
Lot Size Units Square Feet
Lot Size Square Feet 2574.00
Tax Annual Amount 7174.0
Price Per Sq Ft Total AG 320.0
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 299
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ExteriorWater Source Public
Type of Parking None
Water View Y/N N
Building Area Total 15000.00
Lot Dimensions 80x100
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 213560.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byjcooper@hellomsc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $29,554
- Monthly Property Taxes
- $598
- 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.
Learn more about how to save NearbyCommerical listings in Philadelphia, PA
Average List Price $1,161,274
Percent of Sale Price 76%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/29/2026 | $4,800,000 | | Listed Price |