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Liz Alexander

liz.alexander@msn.com +1(215) 806-1518

Listed by Jacob Cooper • MSC Retail, Inc.

$4,800,000

Est. payment - /mo

2,574 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAPH2595182

Year Built 1915

Available Date 2026-05-04

Annual Tax Amount $7,174

Tax Year 2025

Lot Size 2,574 Sqft

Acres 0.06

Lot Dimensions 80x100

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

1247–53 N. Front Street presents an exceptional opportunity to acquire a fully turn-key, income-producing mixed-use asset in the heart of Fishtown — one of Philadelphia's most dynamic and sought-after neighborhoods. The offering encompasses the fee-simple real estate, the operating business of Front Street Cafe, a Pennsylvania “R” liquor license, all furniture, fixtures, and equipment (FF&E), and four (4) fully leased residential units. Priced at $4,800,000, this transaction delivers immediate cash flow from multiple revenue streams and significant upside potential for an owner-operator or savvy investor. Front Street Cafe is a well-established Philadelphia dining destination occupying three floors of a character-rich building that perfectly embodies the Fishtown aesthetic. The restaurant features an expansive ground-floor dining room and bar, a second-floor event and dining level, and an expansive outdoor space designed for al fresco dining, private events, and high-volume warm-weather bar service. The outdoor area is a standout amenity in a market where outdoor seating commands premium guest spending and event bookings. The sale includes an existing liquor license and all FF&E required for day-one operations — kitchen equipment, bar fixtures, furniture, point-of-sale systems, and more. Complementing the restaurant business, the property includes four (4) fully leased residential units that currently gross $95,400/year in annual revenue, providing stable, diversified rental income that supports the overall investment thesis. Together, the commercial and residential components create a resilient, multi-revenue asset ideally positioned to benefit from Fishtown's continued residential growth, strong tourism traffic, and world-class dining scene.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX3

Interior

Hot Water Electric

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871097355

Ownership Fee Simple

Special Listing Condition Standard

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Liz Alexander

+1(215) 806-1518

Broker Associate License ID: AB067993

1247-53 N FRONT ST Philadelphia, PA 19122

Liz Alexander

Key Details

Location

Interior

Exterior

Building

Schools

Others