Mixed-use Opportunity at 312 Market St Philadelphia
$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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