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$315,000

  • For Sale
  • Active
  • Business
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Opportunity to own a very well established business of more than 10+ years. All kitchen equipment, inventory, business licenses included as part of the sale. Long term lease in place. 10 years remaining . For more info please contact us today.

Full Property Details for 345 N 12th St

General

  • Price: $315,000
  • Taxes: $8,624 (2025)
  • Status: Active
  • Type: Business
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2558602
  • Updated: 12/17/2025
  • Added to Site: 68 day(s) ago

Business

  • Business Type: Restaurant/Bar
  • Seating Capacity: 130

Rooms

Bathrooms

  • Restrooms: 2

Additional Information

  • Other Features: Ceiling Fans, Basement, Compressor, Computer Room, Kitchen, Private Restrooms, Showers, Walk-In Box, Sprinkler System

Parking

  • Total Spaces: 23
  • Parking Type: Parking Lot

Location

  • Area: 19107 (19107)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Driving Directions: GPS
  • Traffic Count: 10000-14999

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas, Natural Gas Available
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 2160
  • Current Bldg. Use: Restaurant
  • Year Built: 1925
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,064
  • Lot Size Source: Assessor
  • Lot Dimensions: 17.00 x 62.00
  • Zoning: RMX3

Financial Considerations

  • Price Per Sq. Ft.: $145.83
  • Assessment Year: 2025
  • School Tax: $4,829
  • City/TownTax: $3,794
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $616,100
  • Tax Amount: $8,624
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Leasehold
  • Inclusions: All kitchen equipment, inventory, business licenses, and name rights.
  • Lot Number: 8

Listed by KW Empower, Luis Luciano

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Listing agent

— 345 N 12th St —

  • Luis Luciano

    KW Empower

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 345 N 12th St

School District:Philadelphia City School District
NameGradesDistance
Spring Garden School
1146 Melon Street, Philadelphia, PA 19123
K-80.4 mi
Franklin Benjamin High School
550 North Broad Street, Philadelphia, PA 19130
12-110.4 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 345 N 12th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Listed
$315,000
-58%
MLS
9/08/2011
Sold
$750,000
—
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 345 N 12th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,624
—
$616,100
—
2024
$8,624
37%
$616,100
100%
2021
$6,289
-32%
-100%
2023
$9,229
47%
$659,300
47%
2020
$6,289
1%
$449,300
1%
2019
$6,228
3%
$444,900
3%
2018
$6,047
3%
$432,000
3%
2017
$5,879
—
$420,000
—
2016
$5,879
4%
$420,000
—
2015
$5,628
-7%
$420,000
-7%
2014
$6,025
28%
$449,600
837%
2013
$4,690
—
$48,000
—
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 345 N 12th 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 KW Empower, Luis Luciano

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345 N 12th Street, Philadelphia, PA 19107 (MLS# PAPH2558602) is a Business property. 345 N 12th Street is currently listed for $315,000 and was received on November 12, 2025. Want to learn more about 345 N 12th 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.

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