1247-53 N FRONT ST, Philadelphia, PA 19122
1247-53 N FRONT ST, Philadelphia, PA 19122
1247-53 N FRONT ST, Philadelphia, PA 19122
1247-53 N FRONT ST, Philadelphia, PA 19122
1247-53 N FRONT ST, Philadelphia, PA 19122
1247-53 N FRONT ST, Philadelphia, PA 19122
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Lee & Angela Goldstein

Lee & Angela Goldstein

+1(202) 744-8060
Listed by Jacob Cooper • MSC Retail, Inc.
$ 4,800,000
Est. payment | /mo

2,574 Sqft Lot

Save
$ 4,800,000
Est. payment | /mo
Save

2,574 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

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

Bright MLS (BMLS)

Nearby Locations

Lee & Angela Goldstein

"At Northgate Realty, we’re your trusted resource for real estate in Bethesda and beyond—offering expert guidance, local insight, and personalized service every step of the way."

+1(202) 744-8060

team@northgaterealty.com

7920 Norfolk Avenue, Suite 330, Bethesda, 20814, USA

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1247-53 N FRONT ST