1627-29 E PASSYUNK AVENUEPHILADELPHIA, PA 19148

Commercial · 4,960 Sq. ft. | 0.04 Acres
$1,600,000 ACTIVE

1627-29 E PASSYUNK AVENUE Overview

Time on Site:
101 days
Visits:
4

🔥 PRIME RESTAURANT / MIXED-USE OPPORTUNITY EAST PASSYUNK AVE 🔥 1627&29 E Passyunk Ave, Philadelphia, PA 19148 Offered at: $1,600,000 (Real Estate Only) Position your business at the center of one of Philadelphia's most vibrant and sought-after commercial corridors: East Passyunk Avenue, South Philadelphia's 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. 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 Passyunk's 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 Philadelphia's most dynamic and proven dining destinations. Opportunities of this size and location on Passyunk Avenue rarely become available.

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1627-29 E PASSYUNK AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 4,960
  • Price/Sq.ft. $323
  • Lot 0.04 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1915

Business Information

  • Business Type: Restaurant/Bar

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19148 (19148)
  • Subdivision Name: PASSYUNK SQUARE

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $7,917.00
  • Tax Assessed Value: 565600.00
  • Tax Year: 2026

General Information

  • Exclusions: All restaurant equipments and furnitures
  • Property Condition: Excellent
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: CMX25

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 4960.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Central A/C

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 32.00 x 60.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1804.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Masonry
  • Roof: Flat

General Information

  • Sewer: Public Sewer
  • Utilities: Electric Available,Phone Available,Natural Gas Available
  • Water Access: No

1627-29 E PASSYUNK AVENUE Neighborhood

Community

19148 (PHILADELPHIA) Demographics

36
Median Age
10,709
Population Density (per sq. mile)
37%
College Educated
$60,226
Estimated Median Income
12,781
Estimated Total Home Owners
6,712
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1627-29 E PASSYUNK AVENUE Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1627-29 E PASSYUNK AVENUE Market Data

Based on the last 30 days in this zip code

$360,940
Average List Price
$266
Average Price per Square Foot
53
Properties Sold
90
Average Days on Market
240
Properties for Sale
Calculations provided by Reliance Network

1627-29 E PASSYUNK AVENUE History

Date Event Value Agent
3/20/2026Source: BRIGHT MLS Added to Database
March 20, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Keller Williams Real Estate Tri-County- MLS# PAPH2597790MLS ProviderContact Information: [email protected] - 2154648800