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sales rep | Brivity IDX

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947 Federal St , Philadelphia, PA 19147
$750,000
Est. Payment: $4,051.63/mo
963 Sqft
0.02 Acres
Status: active | Days on site: 92
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61039 - 3153865,3185397
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House Description

Incredible opportunity to acquire a turnkey commercial property in the vibrant Italian Market area, situated on a high-visibility corner just two blocks from Pat’s & Geno's and directly across from Capitolo Playground. This owner-occupied, 40-45 seat restaurant space features a fully equipped kitchen (exhaust hood, multiple refrigeration boxes, freezers) and relatively new A/C throughout the first floor. Storage, utilities, and bathroom are located on lower level. The building offers massive upside potential, with the ability to build up an additional two floors. The expansive basement provides endless storage and houses the utilities. Perfect for a variety of concepts including fine dining, a bar/restaurant, café, coffeeshop, or a catering hub with legal eat-in and take-out uses. Seamless operations are supported by two dedicated front loading zones for deliveries. and pick ups Property previously held a liquor license; the buyer will need to obtain their own. Don't miss out on securing a footprint in one of Philly's most resilient commercial corridors. Positioned in one of Philadelphia’s most iconic and high-traffic culinary destinations, this prime corner property offers unbeatable visibility and endless potential. Located just two blocks from the legendary Pat’s & Geno's and directly across from the bustling Capitolo Playground, this location benefits from an exceptional, built-in stream of foot traffic and neighborhood vibrancy. Currently owner-occupied and operating with a 40-45 seat capacity, the building features a fully equipped commercial kitchen complete with an exhaust hood, extensive refrigeration, and deep-freeze storage. The space is entirely move-in ready for a restaurateur, boasting relatively new, high-efficiency A/C equipment throughout the first floor. Storage, utilities, and bathroom are located on lower level. Unparalleled Development Potential: A rare one-story building with a full basement, structurally primed for a two-story vertical expansion to maximize your footprint or add residential/commercial rental income. Turnkey Infrastructure: Fully loaded basement dedicated to utilities and massive storage capacity. Two dedicated loading zones directly out front make deliveries and high-volume takeout a breeze. Versatile Zoning & Licensing: Previously held a liquor license (buyer to obtain their own), making it a seamless transition for a vibrant bar/restaurant, high-end fine dining, a trendy café, or a high-volume catering and takeout hub. Bring your vision to a neighborhood synonymous with Philadelphia food culture! Business not included. Liquor license not included. Furniture not included, bar negotiable.

Highlights

Listed by Gregory J Damis , 2154402096 and Adrian Adam , 2156815101 BHHS Fox & Roach-Center City Walnut , 2156276005. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.02

Year Built

1915

County

Philadelphia

Area

19147 (19147)

Neighborhood

Bella Vista

School District

The School District Of Philadelphia

Listing ID

PAPH2654798

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Multi Units
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RSA5
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$4,052
Taxes
$384

Home Price

$750,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,051.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,051.63 $384.42 $0.00 $4,436.05
Yearly $48,619.56 $4,613.00 $0.00 $53,232.56
Total $1,458,586.73 $138,390.00 $0.00 $1,596,976.73
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS