$90,000

CONFIDENTIAL BUSINESS OPPORTUNITY - TURNKEY RESTAURANT Business Opportunity Only | Prime North 5th Street Location | Philadelphia, PA A rare opportunity to acquire a fully built-out, turnkey fast-casual restaurant located along a high-visibility stretch of North 5th Street in Philadelphia. This approximately 1,200-square-foot space features 10-foot ceilings, excellent street visibility,… Read More prominent signage, and an efficient layout suited for dine-in, takeout, and delivery operations. The restaurant was transformed from the ground up into a fully operational food establishment, with substantial investment in essential infrastructure and systems, including HVAC, electrical, plumbing, flooring, lighting, kitchen installation, and equipment. The next operator can benefit from the existing build-out while potentially avoiding significant construction costs, permitting delays, and startup expenses associated with developing a comparable space. Exceptional Lease Structure Approximately 1,200 square feet Current rent of approximately $1,200 per month Long-term lease with a 10-year term, plus two additional five-year renewal options, subject to verification of the lease terms and applicable conditions The favorable rental structure provides an attractive foundation for operators seeking long-term stability and the opportunity to establish or expand a restaurant concept along this established commercial corridor. Flexible Restaurant Concepts The existing layout can support continued operation under the current concept or rebranding into various fast-casual uses, including halal, chicken, burgers, pizza, gyros, and ghost kitchen operations, subject to applicable licensing, zoning, lease restrictions, and regulatory approvals. With the existing infrastructure in place, this opportunity may be particularly attractive to an owner-operator, an expanding restaurant brand, or an entrepreneur seeking to enter the Philadelphia food-service market. CONFIDENTIAL SALE - QUALIFIED INQUIRIES ONLY Business opportunity only; real estate is not included. Do not approach employees or staff directly. Financial statements and lease documentation are available upon execution of a signed nondisclosure agreement (NDA). All showings are by appointment only, through the listing agent, on Mondays. Buyer is responsible for independently verifying all information, including financial performance, square footage, lease terms, licenses, zoning, permitted uses, equipment, and applicable regulatory requirements. Serious inquiries only. Contact the listing agent for additional information and to arrange a confidential appointment. Read Less

Courtesy of Maria I Falu-Rodriguez, Genesis Real Estate Services 215-226-6200

Listing Snapshot

Days Online

Last Updated

Nov 13, 2026

Property Type

Commercial

Lot Size

0.03 Acres

Year Built

1920

MLS Number

PAPH2682962

Additional Details

Building

Built in 1920, Construction Materials: Masonry

Cooling

None

Accessibility Features

None

Heating

Forced Air

Lot

0.03 acres

Sewer

Public Sewer

Taxes

Annual Amount: $1,429, Lot: 9, Year: 2026, Zoning: CMX25

Utilities

Water Source: Public

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

2948 N 5TH STREET 1ST FL

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send

Ready to take the Next Step?

About

Quick Links

Contact Info