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Mixed-use Opportunity at 312 Market St Philadelphia

Mixed-use Opportunity at 312 Market St Philadelphia
FOR SALE
View more

$2,900,000

312 Market Street, Philadelphia, PA 19106

10,000 SF

Square Feet

$290

PPSF

Property Description

Located at 312 Market St, Philadelphia, PA, this expansive 10,000 square foot restaurant space presents an exceptional opportunity for restaurateurs, entrepreneurs, or investors to bring their vision to life in the heart of Philadelphia’s historic Old City. Perfectly positioned in a high-traffic area surrounded by iconic attractions and vibrant culture, this property is primed for success. Flexible ownership terms make it easier than ever to secure this one-of-a-kind location.

Currently a partially built-out space with incredible potential, this property offers endless possibilities. Whether you want to create a thriving restaurant, a unique nightlife venue, or explore other retail or mixed-use ventures, 312 Market St is ready to meet your needs.

Key Features

  • Size: 10,000 SF
  • Current Use: Partially built-out restaurant space
  • Liquor License: Available for purchase
  • Dining Options: Two bars, skylights, mezzanine seating options, and handicap-accessible bathrooms
  • Zoning: CMX-3 (ideal for retail, restaurant, or mixed-use projects)
  • Amenities: DJ booth, walk-in refrigeration units, and potential for additional expansion

Strategic Location Advantage

Nestled in the heart of Old City Philadelphia, this property benefits from its proximity to major attractions like Independence Hall and Franklin Court. The vibrant neighborhood ensures excellent visibility and foot traffic from both locals and tourists. Its historic charm combined with modern functionality makes it an ideal destination for dining or entertainment enthusiasts.

Investment Highlights

This property represents a rare opportunity to own a versatile restaurant space in one of Philadelphia’s most sought-after neighborhoods. With its liquor license availability and flexible layout, it’s ready to accommodate your business concept. Alternatively, transform the space into a retail or mixed-use venture and capitalize on its prime location.

Don’t miss your chance to own this remarkable property at 312 Market St. Contact us today to schedule your private tour and explore the endless possibilities!


Property Details

Asset Type

Mixed-use

Zoning

CMX-3

Neighborhood

Olde City

Submarket

Philadelphia

ZIP

19106

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$164,970

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$13,747

Annual Debt Service

$164,970

View on Map

Address

312 Market Street

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