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$1,200,000
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Property Description
Prime mixed-use corner property located at 1953 S 11th Street in the heart of South Philadelphia, offering a rare opportunity for investors or owner-operators. The property features a fully equipped bar/restaurant space on the ground level along with multiple residential units above, including a flexible unit that can function as an office or additional rental with its own bathroom. With strong income potential, excellent visibility, and steady foot traffic, this property is ideal for those looking to operate a business while generating rental revenue. The sale includes a valuable Pennsylvania liquor license, making this a turnkey opportunity in a thriving commercial corridor.
Full Property Details
Full Property Details for 1953 S 11th St
General
- Price: $1,200,000
- Taxes: $5,769 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: PAPH2585444
- Updated: 3/6/2026
- Added to Site: 53 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: On Street
Location
- Area: 19148 (19148)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: On the corner of 11th and McKean
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s), Other
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- # Loading Docks: 1
- Building Size: 2400
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,152
- Lot Size Source: Assessor
- Lot Dimensions: 18.00 x 64.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $500
- Assessment Year: 2025
- School Tax: $3,231
- City/TownTax: $2,538
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $412,200
- Tax Amount: $5,769
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by EXIT Elevate Realty, Phil Daniel Sessa Jr.
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Schools
Schools serving 1953 S 11th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Southwark School 1835 South 9th Street, Philadelphia, PA 19148 | K-6 | 0.2 mi |
South Philadelphia High School 2101 South Broad Street, Philadelphia, PA 19148 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1953 S 11th St
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,200,000
—
MLS
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
Tax History for 1953 S 11th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,770
—
$412,200
—
2024
$5,770
17%
$412,200
100%
2021
$4,951
8%
-100%
2023
$4,569
-8%
$326,400
-8%
2020
$4,951
1%
$353,700
1%
2019
$4,902
3%
$350,200
3%
2018
$4,759
22%
$340,000
22%
2017
$3,905
—
$279,000
—
2016
$3,905
4%
$279,000
—
2015
$3,739
—
$279,000
—
2014
$3,739
126%
$279,000
1545%
2013
$1,657
—
$16,960
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1953 S 11th St
1953 S 11th Street, Philadelphia, PA 19148 (MLS# PAPH2585444) is a Commercial Service property. 1953 S 11th Street is currently listed for $1,200,000 and was received on February 20, 2026. Want to learn more about 1953 S 11th Street? Do you have questions about finding other Commercial Service real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

