Philadelphia, PA 19128 3862 Terrace Street

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Presented By: Keller Williams Realty
  • MLS# PAPH2567490
  • 12/15/2025
  • Request Tour
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  • SQFT • 3,500

Home Details

Turn-Key Breakfast & Lunch Restaurant Opportunity. This is a fully built-out, turn-key breakfast and lunch restaurant located in a high-visibility space with a large dining room and efficient layout. Upon entry, guests are welcomed into a spacious dining area featuring fast, convenient keypad ordering systems and ample seating. The front of the restaurant includes large display counters, while coffee and beverage preparation areas are positioned behind the counters for efficient service. To the right side of the space, there is a dedicated office and storage room. On the left, the restaurant offers two ADA-compliant bathrooms. The layout provides plenty of room for dining tables and customer comfort. Toward the back, the property features a fully equipped commercial kitchen, including: Walk-in refrigerator, Stand-up freezers, Ovens, Commercial hood system. Extensive commercial equipment. Dishwasher (owned and included in the sale). Please refer to photos for additional details. The building owner is currently operating the business and is open to a new lease proposal. Lease rate: $4,500 per square foot + NNN. Seller is also open to selling the building and restaurant business for $950,000. which includes an upstairs apartment currently tenant-occupied at $2,000/month. All buyers must provide Proof of Funds to schedule a showing. Do not disturb employees or operations at the location Contact me for additional details and confidential inquiries.
Presented By: Keller Williams Realty

Interior Features for 3862 Terrace Street

Bathrooms

Total Restrooms2

Other Interior Features

SeatingCapacity60
Central Air Y/NYes
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 3862 Terrace Street

Acceptable FinancingCash
Accessibility36 + wide Halls
Association Recreation FeeN
Building FeaturesWalk-In Box, Oven/Range(s), Fire Alarm, Exhaust System, Basement, Signage Allowed
Business TypeRestaurant/Bar
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Current UseRestaurant
DirectionsInterstate 76 to Ridge Ave North to left on Terrace Street
ExclusionsTenants and belongings
HeatingCentral
Historic Y/NNo
Leasable Area3500
Lease Amount FrequencyMonthly
Lease Considered Y/NNo
Leasehold Rent $/Mo4500.00
Lot Size Square Feet3500.00
Lot Size UnitsSquare Feet
MLS Area19128 (19128)
MunicipalityPHILADELPHIA
New ConstructionNo
Number of Units Leased2
PossessionImmediate
Price Per Sq Ft Total AG45.71
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeBusiness Opportunity
Property UseOwner User
Security FeaturesSurveillance Sys, Smoke Detector, Security System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameMANAYUNK
Tax Annual Amount5881.0
Tax Assessed Value420200.0
Tax Lot54
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningCMX1

Exterior for 3862 Terrace Street

Building Area Total3500.00
Car Parking Spaces
InclusionsRestaurant Business Assets, Furniture, Fixtures, Equipment, Lease proposal $4, 500 +NNN
Land Assessed Value84040.00
Land Use CodeY50
Lot Dimensions35.00 x 100.00
Lot Size Acres0.08
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $160,000
MLS#PAPH2567490
List Date 12/15/2025
Property Type Business Op
Phone 703.929.4729
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