USAPAPhiladelphiaBella Vista947 Federal St

$750,000

For Sale

11 days ago

947 Federal St, Philadelphia, PA

Name: 947 Federal St, For Sale in Philadelphia - eXp Realty
Brand: BHHS Fox &amp; Roach-Center City Walnut
SKU: PAPH2654798
Price: 750000 USD

House

MLS® PAPH2654798

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage

Taxes $4,613

Days Active 12

Lot Size 0.02 Acres

Approx. Age 1915

MLS® Number PAPH2654798

Property Address: 947 Federal St, PHILADELPHIA, PA, 19147-5050

Average square foot calculated using Size range provided by listing agent.

Description

Incredible opportunity to acquire a turnkey commercial property in the vibrant Italian Market area, situated on a high-visibility corner just two blocks from Pat’s & Geno's and directly across from Capitolo Playground. This owner-occupied, 40-45 seat restaurant space features a fully equipped kitchen (exhaust hood, multiple refrigeration boxes, freezers) and relatively new A/C throughout the first floor. Storage, utilities, and bathroom are located on lower level. The building offers massive upside potential, with the ability to build up an additional two floors. The expansive basement provides endless storage and houses the utilities. Perfect for a variety of concepts including fine dining, a bar/restaurant, café, coffeeshop, or a catering hub with legal eat-in and take-out uses. Seamless operations are supported by two dedicated front loading zones for deliveries. and pick ups Property previously held a liquor license; the buyer will need to obtain their own. Don't miss out on securing a footprint in one of Philly's most resilient commercial corridors. Positioned in one of Philadelphia’s most iconic and high-traffic culinary destinations, this prime corner property offers unbeatable visibility and endless potential. Located just two blocks from the legendary Pat’s & Geno's and directly across from the bustling Capitolo Playground, this location benefits from an exceptional, built-in stream of foot traffic and neighborhood vibrancy. Currently owner-occupied and operating with a 40-45 seat capacity, the building features a fully equipped commercial kitchen complete with an exhaust hood, extensive refrigeration, and deep-freeze storage. The space is entirely move-in ready for a restaurateur, boasting relatively new, high-efficiency A/C equipment throughout the first floor. Storage, utilities, and bathroom are located on lower level. Unparalleled Development Potential: A rare one-story building with a full basement, structurally primed for a two-story vertical expansion to maximize your footprint or add residential/commercial rental income. Turnkey Infrastructure: Fully loaded basement dedicated to utilities and massive storage capacity. Two dedicated loading zones directly out front make deliveries and high-volume takeout a breeze. Versatile Zoning & Licensing: Previously held a liquor license (buyer to obtain their own), making it a seamless transition for a vibrant bar/restaurant, high-end fine dining, a trendy café, or a high-volume catering and takeout hub. Bring your vision to a neighborhood synonymous with Philadelphia food culture! Business not included. Liquor license not included. Furniture not included, bar negotiable.

MLS® NumberPAPH2654798

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1915

Basement

DrivewayOn Street

Garage Spaces

HeatForced Air, Natural Gas

A/CMulti Units, Electric

Extras

Kitchen equipment, 10 refrigerator cases, 3 freezer boxes, clothes washer

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 31, 2026List Date

$750,000List Price

Commute

Commute

Starting Address

Destination Address

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