Turnkey Restaurant Opportunity at 1141 Pine Street Philadelphia
$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
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
View Comps
Loading comparables…
Boundary data is not available for this property.
Contact the Listing Team
Send a Message
Interested in this listing?
Click the button above to request more information about this property.