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1627 29 E Passyunk Ave

$1,600,000

1627 29 E Passyunk Ave, Philadelphia, PA 19148

Active
Last Updated: 03/24/2026

4,960 sqft

Building Size

1915

Year Built

Details:
Building Size:    4,960 sqft
Year Built:    1915
Price Per Sqft:    $322.58
Zoning:    CMX25
Roof:    Flat
Highlights:
  • Days on Market: 5
  • Heating: Central
Description:

PRIME RESTAURANT / MIXED-USE OPPORTUNITY | EAST PASSYUNK AVE
1627–29 E Passyunk Ave, Philadelphia, PA 19148
Offered at: $1,600,000 (Real Estate Only)

Position your business at the center of one of Philadelphia’s most vibrant and sought-after commercial corridors: East Passyunk Avenue, South Philadelphia’s renowned Restaurant Row.

This fully renovated ±5,000 SF mixed-use property presents a rare opportunity for investors, restaurateurs, or owner-operators seeking scale, visibility, and long-term upside.

Please note: The asking price reflects the real estate only. The owner is currently working to secure a tenant for the restaurant space. All restaurant equipment, fixtures, and furniture, including walk-in freezers, are not included in the sale and may be subject to separate negotiation or removed before closing. Buyer has the option to purchase all existing equipment and furniture for an additional $200,000.



Property Highlights:
Two expansive levels of restaurant/catering/event space
Third-floor offices/event space, ideal for administrative use or additional income
Full basement for storage and operations
Meticulously renovated – no expense spared
Large-scale layout suitable for high-volume operations
Location Advantages:
Situated in the heart of East Passyunk’s Restaurant Row
Surrounded by top-rated dining, retail, and nightlife
Heavy foot traffic & strong local demographics
Municipal parking lot directly across the street
Excellent accessibility to Center City and major highways
Zoning & Flexibility:
Flexible zoning allows for a variety of commercial and office uses
Ideal for restaurant groups, hospitality concepts, event venues, or mixed-use investors

This is a rare opportunity to acquire a large-scale, fully renovated commercial property in one of Philadelphia’s most dynamic and proven dining destinations. Opportunities of this size and location on Passyunk Avenue rarely become available.

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