3862-64 TERRACE ST, Philadelphia, PA 19128

Property Description

Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.

Listing Status:

Active

Date Added:

December 19, 2025 at 06:00AM

Listing Office:

Keller Williams Realty : 8563211212

Listing Agent:

Paul P Cheng : 2153271722

MLS ID:

PAPH2568224

Interior

• A/C: Central A/C
• Heating: CentralNatural GasElectric
• Disability Feature: 36"+ wide Halls

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX1871527270

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenants and belongings

This listing courtesy of Paul P Cheng, Keller Williams Realty