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$1,355,000

  • For Sale
  • Active
  • Commercial Service
See This Home
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Fantastic opportunity to own a prime mixed-use property located in the heart of Philadelphia's vibrant Center City Rittenhouse Square. This exceptional location boasts a fully operational restaurant, occupying both the first and second floors. The first floor features a spacious dining area and a fully built commercial kitchen, complete with a walk-in cooler in the basement, while the second floor offers additional seating perfect for private events and parties. The third floor is a charming three-bedroom, one-bath apartment, ideal for an owner-occupant or as a rental unit. This property is a fantastic value-add opportunity, with its prime Rittenhouse location ensuring a steady flow of foot traffic and potential for growth. Don't miss out on this unique investment opportunity!

Full Property Details for 274 S 20th St

General

  • Price: $1,355,000
  • Taxes: $7,432 (2026)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2640572
  • Updated: 8/12/2026
  • Added to Site: 59 day(s) ago

Business

  • Business Type: Bed and Breakfast, Restaurant/Bar

Interior

  • Flooring: Hardwood

Parking

  • Parking Type: On Street

Location

  • Area: 19103 (19103)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: RITTENHOUSE SQUARE
  • Driving Directions: 20th and Spruce street

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Roof: Rubber
  • Entry Floor Number: 1
  • Building Size: 2800
  • Year Built: 1800
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,032
  • Lot Size Source: Assessor
  • Lot Dimensions: 16.00 x 65.00
  • Zoning: CMX2

Financial Considerations

  • Price Per Sq. Ft.: $483.93
  • School Tax: $4,162
  • City/TownTax: $3,270
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $531,000
  • Tax Amount: $7,432
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 102

Listed by Keller Williams Realty, Andrew F Cheng and Keller Williams Realty, Paul P Cheng

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Listing agents

— 274 S 20th St —

  • Andrew F Cheng

    Keller Williams Realty

  • Paul P Cheng

    Keller Williams Realty

Listing Office Email: klrw653@kw.com

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 274 S 20th St

School District:Philadelphia City School District
NameGradesDistance
Greenfield Albert M School
2200 Chestnut Street, Philadelphia, PA 19103
K-80.3 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-111.2 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 274 S 20th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Price Reduced
$1,355,000
-3.21%
MLS
7/15/2026
Price Reduced
$1,400,000
-6.67%
MLS
6/24/2026
Listed
$1,500,000
—
MLS
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 274 S 20th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,433
—
$840,000
58%
2025
$7,433
—
$531,000
—
2024
$7,433
2%
$531,000
2%
2023
$7,265
10%
$519,000
100%
2018
$6,600
-1%
-100%
2020
$6,649
1%
$475,000
1%
2019
$6,600
—
$471,500
—
2018
$6,606
13%
$471,900
13%
2017
$5,830
—
$416,500
—
2016
$5,830
4%
$416,500
—
2015
$5,581
—
$416,500
—
2014
$5,581
-29%
$416,500
416%
2013
$7,879
—
$80,640
—
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.

Estimate the Cost for 274 S 20th St

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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 Keller Williams Realty, Andrew F Cheng and Keller Williams Realty, Paul P Cheng

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274 S 20th Street, Philadelphia, PA 19103 (MLS# PAPH2640572) is a Commercial Service property. 274 S 20th Street is currently listed for $1,355,000 and was received on June 24, 2026. Want to learn more about 274 S 20th 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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