707 Chestnut Street
$324,999
707 Chestnut Street, Philadelphia, PA 19106
4,200 sqft
Building Size
CMX-5
Zoning
Details:
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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