1627-29 E PASSYUNK AVE, Philadelphia, PA 19148

Property Description

🔥 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. 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 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.

Listing Status:

Active

Data Last Updated:

March 24, 2026 at 6:21PM

Listing Office:

Keller Williams Real Estate Tri-County : 2154648800

Listing Agent:

Vu Le : 2675288960

MLS ID:

PAPH2597790

Interior

• A/C: Central A/C
• Heating: CentralNatural Gas
• Disability Feature: None

Construction

• Roofing: Flat
• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: THE SCHOOL DISTRICT OF PHILADELPHIA
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX25882015890

Utilities

• Utilities: Electric availablePhone availableNatural gas available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: All restaurant equipments and furnitures