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$46
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Property Description
Turnkey second generation restaurant at busy corner in the heart of Old City. Tremendous neighborhood appeal, visibility, and co-tenancy. NNN lease
Full Property Details
Full Property Details for 205 Race St
General
- Price: $46
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2594050
- Updated: 3/13/2026
- Added to Site: 21 day(s) ago
Business
- Business Type: Other/General Retail, Restaurant/Bar
Rental Information
- Lease/Rent Term: Other
Parking
- Parking Type: None
Location
- Area: 19106 (19106)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Corner of 2nd and Race
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Central
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Aprox. Leasable: 3,422 Sq. Ft.
- Current Bldg. Use: Restaurant
- Year Built: 2016
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,204
- Lot Size Source: Assessor
- Lot Dimensions: 186.00 x 114.00
- Zoning: CMX3
Financial Considerations
- Price Per Sq. Ft.: $.01
- School Tax: $31,904
- City/TownTax: $25,067
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by MSC Retail, Inc., Stefanie Gabel and MSC Retail, Inc., Josh Weiss
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Schools
Schools serving 205 Race St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106 | K-8 | 0.8 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.2 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 205 Race St
Date
Details
Price
Change
Source
3/13/2026
Listed
$46
—
MLS
Disclaimer: Historical sales 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 205 Race St
205 Race Street, Philadelphia, PA 19106 (MLS# PAPH2594050) is a Commercial Lease property. 205 Race Street is currently listed for $46 and was received on March 13, 2026. Want to learn more about 205 Race Street? Do you have questions about finding other Commercial Lease 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.

