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$2,200,000

  • For Sale
  • Active
  • Commercial Service
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Turnkey 3-story bar, restaurant, and event venue in the heart of Old Kensington. This fully built-out commercial property includes a Liquor License, full commercial kitchen, three bars, a private event floor, walk-in cooler, dedicated dishwashing room, and complete ADA accessibility with a commercial elevator. Surrounded by major new residential developments and strong foot traffic, this space offers outstanding visibility and immediate operational potential. Perfect for bar/restaurant operators or investors seeking a ready-to-run venue in one of Philadelphia's fastest-growing neighborhoods.

Full Property Details for 1647 N 2nd St

General

  • Price: $2,200,000
  • Taxes: $2,507 (2018)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2565534
  • Updated: 12/17/2025
  • Added to Site: 41 day(s) ago

Business

  • Business Type: Restaurant/Bar

Parking

  • Parking Type: None

Location

  • Area: 19122 (19122)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: SOUTH KENSINGTON
  • Cross Streets: Cecil B. Moore
  • Driving Directions: Intersection of 2nd and Cecil B Moore
  • Location Details: Urban

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Structural Information

  • Construction: Brick, Block
  • Roof: Flat
  • Building Size: 5586
  • Year Built: 1916
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,806
  • Lot Size Source: Estimated
  • Zoning: CMX1

Financial Considerations

  • Price Per Sq. Ft.: $393.84
  • Tax w/Assessment: $179,100
  • Tax Amount: $2,507
  • Tax Year: 2018

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 175

Listed by TCS Management, LLC, Alex C Prince and TCS Management, LLC, Moshe Adika

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Listing agents

— 1647 N 2nd St —

  • Alex C Prince

    TCS Management, LLC

  • Moshe Adika

    TCS Management, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1647 N 2nd St

School District:Philadelphia City School District
NameGradesDistance
Moffet John School
127 West Oxford Street, Philadelphia, PA 19122
K-50.1 mi
Penn Treaty Middle School
600 East Thompson Street, Philadelphia, PA 19125
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1647 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Listed
$2,200,000
214.29%
MLS
5/30/2018
Sold
$700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1647 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,226
—
$659,100
—
2024
$9,226
-12%
$659,100
-12%
2023
$10,498
110%
$750,000
100%
2021
$4,999
-52%
-100%
2022
$10,498
110%
$750,000
110%
2020
$4,999
—
$357,100
—
2019
$4,999
99%
$357,100
99%
2018
$2,507
—
$179,100
—
2017
$2,507
—
$179,100
—
2016
$2,507
4%
$179,100
—
2015
$2,400
—
$179,100
—
2014
$2,400
145%
$179,100
1688%
2013
$979
—
$10,016
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by TCS Management, LLC, Alex C Prince and TCS Management, LLC, Moshe Adika

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1647 N 2nd Street, Philadelphia, PA 19122 (MLS# PAPH2565534) is a Commercial Service property. 1647 N 2nd Street is currently listed for $2,200,000 and was received on December 08, 2025. Want to learn more about 1647 N 2nd Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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