1247-53 N FRONT STREETPHILADELPHIA, PA 19122

Commercial · 15,000 Sq. ft. | 0.06 Acres
$4,800,000 ACTIVE

1247-53 N FRONT STREET Overview

Time on Site:
62 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.

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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

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1247-53 N FRONT STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1247-53 N FRONT STREET Market Data

Based on the last 30 days in this zip code

$445,656
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

1247-53 N FRONT STREET History

Date Event Value Agent
5/3/2026Source: BRIGHT MLS Status Change
ACTIVE
4/29/2026Source: BRIGHT MLS Added to Database
April 29, 2026
Listing provided courtesy of MSC Retail, Inc.- MLS# PAPH2595182MLS ProviderContact Information: 2155682600