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Property Description
Prime commercial opportunity in the heart of Manayunk! Located on a highly visible corner at 3847 Terrace St, this turnkey bar/restaurant space offers everything you need to bring your vision to life. As you enter, you're welcomed by a stunning open bar concept with expansive countertops that comfortably seat 10+ guests-perfect for creating an inviting, social atmosphere. Beyond the bar, you'll find a spacious dining area ideal for the restaurant side of the business, offering flexibility for various layouts and concepts. The property also features a fully equipped kitchen just past the dining area, allowing for seamless operation between front and back of house. Downstairs, you'll find a walk-in freezer along with ample storage space, providing both convenience and efficiency for daily operations. Situated in one of Philadelphia's most vibrant and high-traffic neighborhoods, this location offers unmatched visibility and foot traffic. Opportunities like this in Manayunk don't come around often-bring your concept and make it a destination!
Full Property Details
Full Property Details for 3847 Terrace St
General
- Price: $3,000
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSPhilly
- MLS ID: PAPH2642214
- Updated: 9/30/2026
- Added to Site: 105 day(s) ago
Business
- Business Type: Restaurant/Bar
Rental Information
- Lease/Rent Term: Negotiable
Parking
- Parking Type: On Street
Location
- Area: 19128 (19128)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Left on Terrace St
- Location Details: Corner Lot/Unit
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Foundation: Concrete Perimeter
- Roof: Flat
- Aprox. Leasable: 2,000 Sq. Ft.
- Current Bldg. Use: Vacant
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,569
- Lot Size Source: Assessor
- Lot Dimensions: 19.00 x 83.00
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $1.5
- Security Deposit: $3,000
- School Tax: $2,822
- City/TownTax: $2,217
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by Crown Homes Real Estate, Max Rein Livingston
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Schools
Schools serving 3847 Terrace St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Cook-Wissahickon School 201 East Salaignac Street, Philadelphia, PA 19128 | K-8 | 0.3 mi |
Roxborough High School 6498 Ridge Avenue, Philadelphia, PA 19128 | 9-11 | 1.3 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 3847 Terrace St
Date
Details
Price
Change
Source
8/19/2026
Price Reduced
$3,000
-23.08%
MLS
6/29/2026
Listed
$3,900
—
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 3847 Terrace St
3847 Terrace Street, Philadelphia, PA 19128 (MLS# PAPH2642214) is a Commercial Lease property. 3847 Terrace Street is currently listed for $3,000 and was received on June 29, 2026. Want to learn more about 3847 Terrace Street? Do you have questions about finding other Commercial Lease real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

