USAPAPhiladelphiaChinatown913-911-913 Race St
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$8,600,000

For Sale

2 months ago

913 - 911-913 Race St, Philadelphia, PA

MLS® PAPH2659706

0 Bed

17 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $25,896
Days Active 61
Approx. Age 1965
MLS® Number PAPH2659706

Property Address: 913-911-913 Race St, PHILADELPHIA, PA, 19107-1896

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

Description

Exceptional mixed-use investment opportunity at 911–913 Race Street in the heart of Philadelphia’s Chinatown. This substantial property combines a three-level restaurant operation with 12 residential apartments above, providing diversified commercial and residential income. The restaurant occupies the basement commercial kitchen, first-floor main dining hall, and second-floor banquet facilities. Commercial rent is currently $10, 000 per month plus NNN expenses. The 12 residential units generate approximately $19, 700 per month based on the owner-provided rent schedule. Combined scheduled base rent is approximately $29, 700 per month, or $356, 400 annually, excluding additional NNN reimbursements. The upper-floor apartments include a mix of one- and two-bedroom residences with kitchens, bathrooms, individual living spaces, and select city views. The commercial portion features extensive dining and banquet capacity, private dining areas, a commercial kitchen, walk-in refrigeration, prep areas, and service equipment. Located near Chinatown’s restaurants, businesses, cultural attractions, public transportation, and Center City amenities, this property offers a rare opportunity to acquire a sizable income-producing asset in a highly visible urban location. Property, unit configuration, rental amounts, lease terms, expenses, and financial information should be independently verified by the buyer. Please do not approach or disturb tenants or restaurant operations.
MLS® NumberPAPH2659706
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories5
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat90% Forced Air, Electric
A/CNone, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$8,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
911-913 Race St, PHILADELPHIA, PA

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