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707 Chestnut Street

$324,999

707 Chestnut Street, Philadelphia, PA 19106

Active
Last Updated: 05/05/2025

4,200 sqft

Building Size

CMX-5

Zoning

Details:
Building Size:    4,200 sqft
Zoning:    CMX-5
Heating:    Central
Cooling:    Central
Description:

Take over a successful, fully operational pizza and Italian restaurant in one of Philadelphia’s most dynamic commercial corridors. This business features a spacious, modern dining area, a well-equipped kitchen, and a diverse menu of pizza, pasta, salads, and Italian specialties—all prepared with fresh, high-quality ingredients. The restaurant’s inviting atmosphere, friendly staff, and prime location have made it a local favorite and a go-to destination for both casual meals and special occasions. With strong daytime and evening foot traffic from nearby offices, hotels, and attractions, this is a rare chance to own a proven concept in a coveted Center City address.


Center City Philadelphia is the region’s premier destination for dining, business, and tourism, known for its dense daytime population, vibrant nightlife, and world-class cultural attractions. 707 Chestnut St is steps from Independence Hall, the Liberty Bell, Washington Square, and the city’s top hotels and office buildings. The area boasts excellent public transit, high walkability, and constant pedestrian flow, making it ideal for restaurant and hospitality concepts. The neighborhood’s ongoing growth and investment ensure long-term demand and upside for well-positioned food and beverage businesses.



 Established, upscale pizzeria and Italian restaurant business for sale
 Prime Center City location with heavy foot traffic and visibility
 4,200 SF newly renovated space—modern dining, bar, and kitchen
 Turnkey operation—includes all FF&E and equipment
 Proven brand and loyal customer base
 Surrounded by major offices, hotels, and historic attractions
 Offered at $375,000—immediate revenue potential
 Ideal for restaurateurs, hospitality groups, or investors seeking a flagship concept
 CMX-5 zoning—supports restaurant/bar use and future growth

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