Prime corner retail property in Queen Village with a proven restaurant tenant and modernized basement kitchen. Located at the corner of 2nd and Monroe Streets in the sought-after Queen Village neighborhood, this 3-story CMX mixed-use building offers a unique opportunity for a new restaurant or café. Built in 1906, the property spans4,480 sq. ft. and is fully leased across four other units — four residential apartments and one first-floor commercial space. The available commercial space is approximately 1,200 square feet; 600 square feet at the first floor and 600 square feet below grade. The bi-level storefront unit features a corner frontage and has been home to cafés and restaurants. The basement level includes a full, modern restaurant kitchen equipped with updated commercial appliances, a large exhaust hood, and separate gas and electric meters. The space is well-maintained, with attractive brickwork, recessed lighting, and central air conditioning. The first-floor interior currently has a modern and sleek aesthetic and can be modified to potential tenants’ needs. Currently vacant and available for immediate occupancy. NNN lease. Key features: • Corner lot location with 16’ frontage on 2nd Street & quaint Monroe St. • Basement-level fully equipped kitchen (approx. 600 sq. ft.) with modern equipment. • Proven tenant history — long-standing café/restaurant success. • All other units leased, stable building. • Parking — one on-site space currently rented to a residential tenant. • Utilities — public water and sewer, gas heat, electric cooling This property is ideally suited as a turnkey restaurant or café to leverage its established tenant base, prime location, and modernized kitchen.
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
727 S 2nd Street, Unit COMMERCIAL | MLS# PAPH2609498
This business located at 727 S 2nd Street, Unit COMMERCIAL, Philadelphia, PA 19147 is currently listed for rent with an asking price of $3,950 / Monthly. S 2nd Street, Unit COMMERCIAL is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.