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$100,000
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Property Description
Exciting Business Opportunity! Very Successful Thai Restaurant For Sale! The BUSINESS ONLY is for sale with a Commercial Lease included. This is a very well established business and OPEN and BUSY. Showings by appointment only--do not approach the Owners or Customers regarding the sale. Locates in RITTENHOUSE SQUARE at 16th & Spruce. On a high traffic corridor. Close to The Avenue of The Arts, Kimmel Center, Rittenhouse Square, and other established dining and nightlife. Large dining room area, kitchen, and extra storage.
Full Property Details
Full Property Details for 306 S 16th St
General
- Price: $100,000
- Taxes: $1 (2025)
- Status: Active
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: PAPH2494134
- Updated: 12/17/2025
- Added to Site: 252 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: None
Location
- Area: 19103 (19103)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: RITTENHOUSE SQUARE
- Cross Streets: Spruce
- Driving Directions: Spruce St & 16th Street
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone
Structural Information
- Construction: Concrete
- Building Size: 1500
- Current Bldg. Use: Restaurant
- Retail: 1,500 Sq. Ft.
- Year Built: 1970
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size Source: Estimated
- Zoning: C2
Financial Considerations
- Price Per Sq. Ft.: $66.67
- Tax w/Assessment: $1
- Tax Amount: $1
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
Listed by KW Empower, James M Labonski
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Schools
Schools serving 306 S 16th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Greenfield Albert M School 2200 Chestnut Street, Philadelphia, PA 19103 | K-8 | 0.6 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.2 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 306 S 16th St
Date
Details
Price
Change
Source
6/13/2025
Listed
$100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 306 S 16th St
306 S 16th Street, Philadelphia, PA 19103 (MLS# PAPH2494134) is a Business property. 306 S 16th Street is currently listed for $100,000 and was received on June 13, 2025. Want to learn more about 306 S 16th Street? Do you have questions about finding other Business real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

