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Listed by Jacob Cooper • MSC Retail, Inc.
$4,800,000
Est. payment /mo
2,574 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PAPH2595182
Year Built 1915
Available Date 2026-05-04
Annual Tax Amount $7,174
Tax Year 2025
Lot Size 2,574 Sqft
Acres 0.06
Lot Dimensions 80x100
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
1247–53 N. Front Street presents an exceptional opportunity to acquire a fully turn-key, income-producing mixed-use asset in the heart of Fishtown — one of Philadelphia's most dynamic and sought-after neighborhoods. The offering encompasses the fee-simple real estate, the operating business of Front Street Cafe, a Pennsylvania “R” liquor license, all furniture, fixtures, and equipment (FF&E), and four (4) fully leased residential units. Priced at $4,800,000, this transaction delivers immediate cash flow from multiple revenue streams and significant upside potential for an owner-operator or savvy investor. Front Street Cafe is a well-established Philadelphia dining destination occupying three floors of a character-rich building that perfectly embodies the Fishtown aesthetic. The restaurant features an expansive ground-floor dining room and bar, a second-floor event and dining level, and an expansive outdoor space designed for al fresco dining, private events, and high-volume warm-weather bar service. The outdoor area is a standout amenity in a market where outdoor seating commands premium guest spending and event bookings. The sale includes an existing liquor license and all FF&E required for day-one operations — kitchen equipment, bar fixtures, furniture, point-of-sale systems, and more. Complementing the restaurant business, the property includes four (4) fully leased residential units that currently gross $95,400/year in annual revenue, providing stable, diversified rental income that supports the overall investment thesis. Together, the commercial and residential components create a resilient, multi-revenue asset ideally positioned to benefit from Fishtown's continued residential growth, strong tourism traffic, and world-class dining scene.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX3
Interior
Hot Water Electric
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871097355
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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