1107-09 Race Street Philadelphia, PA $ 749,000
1107-09 Race Street
$ 749,000
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1107-09 Race Street

Philadelphia, PA, 19107
$ 749,000
Bedrooms-- Baths-- Sq 3,840

Monthly Estimate*

$ 4,729

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Commercial Property for sale in Philadelphia, PA

for $749,000. This 3,840 square foot building was built in 1920 on a lot size of 0.13.

D-Distributor Liquor License Business for Sale Prime Chinatown, Center City Location Exceptional opportunity to acquire a D Distributor Liquor License business in the heart of Chinatown, Center City. This business asset sale includes the valuable D License and is ideally situated directly across from the Convention Center and just steps from Reading Terminal Market and many of Center City's top destinations. The first floor features an open retail counter, a walk-in cooler, extensive wholesale liquor shelving and storage, and a rear drive-in loading door for convenient deliveries. The second floor was previously configured as a dining area with a food preparation space and restroom. While it currently requires TLC, it offers excellent potential to be transformed into an active dining or event space. The landlord is willing to negotiate a new lease with the buyer, providing flexibility for future operations. Business assets and D Distributor Liquor License only. Real estate is not included. Showings are by appointment only. Buyers must provide proof of funds prior to scheduling a showing. Please do not disturb the employees or business operations.

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Commercial Active

Price

$ 749,000

Property Type

Commercial

Taxes

$ 8,062

Style

Restaurant/Bar

Lot Size

0.13

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2649282

Features
Interior
Heating Fuel Natural Gas Electric
Flooring Concrete
Hot Water Natural Gas
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 CMX4
Security Features Surveillance Sys Security System
Construction Materials Masonry
Exclusions Inventories
Year Built 1920
Property Subtype Retail
Tax Year 2025
Current Use Beer/Wine/Liquor Food & Beverage Retail Other Wholesale
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 1200000.00
Business Type Other Restaurant/Bar
Accessibility 36 + wide Halls
County PHILADELPHIA
Net Operating Income 600000.00
New Construction N
Property Type Business Opportunity
Subdivision Name CHINATOWN
Possible Use Bar/Tavern/Lounge Food & Beverage Liquor Store Restaurant
Water Access Y/N N
Status ACTIVE
Directions Vine Street to 11th Street
City PHILADELPHIA
MLS Area 19107 (19107)
Lot Size Units Square Feet
Lot Size Square Feet 5632.00
Tax Annual Amount 8062.0
Property Condition Excellent
Price Per Sq Ft Total AG 195.05
Acceptable Financing Cash Conventional
Leasable Area 3840
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 123
Leasehold Rent $/Mo 8000.00
Lease Amount Frequency Monthly
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Exterior
Water Source Public
Inclusions D (Distributor) License Business Assets Furniture Fixtures Equipment New Lease.
Type of Parking Parking Lot
Foundation Details None
Water View Y/N N
Building Area Total 3840.00
Lot Dimensions 42.00 x 110.00
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 172800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1107
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* Excluded Features
List By
Keller Williams Realty

Broker

paulcheng@kw.com

Email

Affordability Calculator

$5,401
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,729
Monthly Property Taxes
$672
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$749,000 Listed Price

Map


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1107-09 Race Street, Philadelphia, PA, 19107 is a Commercial Property for sale at $749,000 with 3,840 sqft and a lot size of 0.13. 1107-09 Race Street was built in 1920. The property's zip code is 19107 which is in Philadelphia, PA