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Turnkey Restaurant Opportunity at 1141 Pine Street Philadelphia

Turnkey Restaurant Opportunity at 1141 Pine Street Philadelphia
FOR SALE
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$2,100,000

1141 Pine Street, Philadelphia, PA 19107

3,532 SF

Square Feet

$595

PPSF

Property Description

Located at 1141-1143 Pine St, Philadelphia, PA, this 3,532 square foot restaurant offers a rare opportunity for restaurateurs or investors to step into a fully operational, turnkey dining establishment in one of Philadelphia’s most sought-after neighborhoods. With its prime location near major hospitals and Rittenhouse Square, this property is perfectly positioned to attract both local patrons and visitors. The motivated seller is offering flexible financing options, making it easier than ever to secure this outstanding location.

Currently home to the beloved Mixto Latin Restaurant, this historic property combines classic charm with modern amenities. Whether you choose to continue the existing brand or reimagine the space with your own concept, this property is ready to meet your vision.

Key Features

  • Size: 3,532 SF
  • Current Use: Fully operational restaurant
  • Liquor License: Included in the sale
  • Dining Options: Indoor and outdoor seating for year-round service
  • Zoning: Retail/Restaurant (ideal for continued restaurant use or new ventures)
  • Dual Storefront: High visibility in a high-traffic area

Strategic Location Advantage

Situated in the heart of Washington Square West, this property benefits from its proximity to major hospitals, Rittenhouse Square, and other bustling city attractions. The dual storefront ensures excellent visibility and foot traffic, making it an ideal destination for dining enthusiasts.

Investment Highlights

This property represents a unique opportunity to own a turnkey restaurant in a prime Philadelphia location. With its liquor license included, indoor and outdoor dining options, and established reputation as Mixto Latin Restaurant, you’re inheriting a proven business model with room for growth. Alternatively, transform the space into your own culinary concept and capitalize on the high-traffic location.

Don’t miss your chance to own this exceptional property in one of Philadelphia’s most vibrant neighborhoods. Contact us today to schedule your private tour of 1141-1143 Pine St and explore the endless possibilities!


Property Details

Asset Type

Mixed-use

Neighborhood

Washington Square West

Submarket

Philadelphia

ZIP

19107

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$119,461

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$9,955

Annual Debt Service

$119,461

View on Map

Address

1141 Pine Street

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