1247-53 N FRONT STREET Overview
- Time on Site:
- 61 days
- Visits:
- 13
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.
1247-53 N FRONT STREET Facts & Features
- Type Commercial
- Sq. ft. 15,000
- Price/Sq.ft. $320
- Lot 0.06 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1915
Business Information
- Business Type: Restaurant/Bar,Apartment Building
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19122 (19122)
Parking Information
- Total Parking Spaces: 0
- Type of Parking: None
Tax Information
- City/Town Tax: 3156.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 4017.00
- Tax Annual Amount: $7,174.00
- Tax Assessed Value: 512544.00
- Tax Year: 2025
General Information
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: CMX3
Interior
Building Information
- Cooling Fuel: None
- Heating Fuel: None
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 15000.00
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: None
- Heating: None
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 80x100
- Lot Size Source: Assessor
- Lot Size Square Feet: 2574.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Masonry
General Information
- Number Of Units Total: 3
- Sewer: Public Sewer
- Water Access: No
1247-53 N FRONT STREET Neighborhood
Community
19122 (PHILADELPHIA) Demographics
1247-53 N FRONT STREET Monthly Cost
1247-53 N FRONT STREET Market Data
Based on the last 30 days in this zip code
1247-53 N FRONT STREET History
| Date | Value | Agent |
|---|---|---|
| 5/3/2026Source: BRIGHT MLS | ACTIVE |
|
| 4/29/2026Source: BRIGHT MLS | April 29, 2026 |
Contact Information: 2155682600