246 Market St, Philadelphia, PA, 19106

246 Market St, Philadelphia, PA, 19106 < >
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for sale
Square Feet:6300
Lot Size:0.05 Acres
Year Built:1900
MLS #:PAPH2287116
Date Updated:
For information contact:
MGC Real Estate Group
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RARE OPPORTUNITY to own a magnificent architectural masterpiece prominently situated on the main street right in the heart of the Old City neighborhood. Perfect turn-key opportunity for any restaurateur who is looking to open up a restaurant in a location with tons of foot traffic in a high-density area. Its facade generously ushers in an abundance of natural light, creating a warmly inviting atmosphere on both the first and second floors. Currently configured as a bar/restaurant with approximately 6,300 square feet (4,300 on the first floor), it features a thoughtfully designed and spacious dining room and kitchen on the first floor. The entire restaurant can fit approximately 100+ people depending on the table configuration. The full basement is dedicated to serving as a prep kitchen and includes a walk-in commercial refrigerator and freezer. Each floor houses a dining room and a bar, with additional lounge seating on the second floor. There are a total of 5 bathrooms (2 on the first floor, 2 on the second floor, and 1 in the basement), and the sale includes all equipment. This unique property is ideal for an owner-occupant seeking a remarkable location. Nestled in the Old City neighborhood of Philadelphia, this property enjoys convenient access to public transportation via the MFL Frankford Transportation Center to 69th St Transportation Center at the 2nd St Station - MFL stop. Boasting a Walk Score of 100, this location is a Walker’s Paradise, with daily errands easily accomplished without a car. The Transit Score of 100 ensures it's a Rider’s Paradise, with world-class public transportation at your doorstep. The Bike Score of 84 means it's Very Bikeable, making biking a convenient mode of transportation for most trips. Furthermore, the property is conveniently located near a variety of essential services, including CVS Pharmacy, the US Post Office, Joy Cleaners, Cut It Out Hair Salon, Dave's Barber Shop & Salon, 3rd St Hardware Ace, and many more. Come take a look at this prime location before the opportunity is no longer available.
Interior Details
Building Total SQFT: 6300.00Security Features: Carbon Monoxide Detector(s), Smoke Detector, Sprinkl
Total Restrooms: 5

Exterior Details
Lot Size Acres: 0.05Lot Size Dimensions: 22.00 x 100.00
Lot SQFT: 2178.00

Community Information
County: PHILADELPHIACross Street: S 3rd St
Municipality: PHILADELPHIASubdivision Name: OLD CITY
Zoning: CMX3

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Restaurant/Bar
DOM: 54MLS Area: 19106 (19106)
New Construction YN: NProperty Sub Type: Services
Year Built: 1900

Cooling Type: Central A/CHeating Type: Heat Pump(s)
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Maria Maria Quattrone Quattrone
List Office Name: RE/MAX @ HOME
List Office Phone: 2156073535

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Monthly Payment for 246 Market St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$1,200,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME

Information obtained from Bright MLS is current as of 12/8/2023 11:20 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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