# 947 FEDERAL STREET, Philadelphia, PA 19147

> **TL;DR:** single family, $750,000 ($779/sqft), built 1915, 963 sqft. Est. $4,011/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $750,000 |
| Price/sqft | $779 |
| Square Feet | 963 |
| Year Built | 1915 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,792 |
| Estimated Insurance | $219 |
| **Total** | **$4,011** |

## Property Highlights

- Built in 1915

## Description

### Agent Description
Incredible opportunity to acquire a turnkey commercial property in the vibrant Italian Market area, situated on a high-visibility corner just two blocks from Pat's & Geno's and directly across from Capitolo Playground. This owner-occupied, 40-45 seat restaurant space features a fully equipped kitchen (exhaust hood, multiple refrigeration boxes, freezers) and relatively new A/C throughout the first floor. Storage, utilities, and bathroom are located on lower level.The building offers massive upside potential, with the ability to build up an additional two floors. The expansive basement provides endless storage and houses the utilities. Perfect for a variety of concepts including fine dining, a bar/restaurant, caf, coffeeshop, or a catering hub with legal eat-in and take-out uses. Seamless operations are supported by two dedicated front loading zones for deliveries. and pick ups Property previously held a liquor license; the buyer will need to obtain their own. Don't miss out on securing a footprint in one of Philly's most resilient commercial corridors.Positioned in one of Philadelphia's most iconic and high-traffic culinary destinations, this prime corner property offers unbeatable visibility and endless potential. Located just two blocks from the legendary Pat's & Geno's and directly across from the bustling Capitolo Playground, this location benefits from an exceptional, built-in stream of foot traffic and neighborhood vibrancy.Currently owner-occupied and operating with a 40-45 seat capacity, the building features a fully equipped commercial kitchen complete with an exhaust hood, extensive refrigeration, and deep-freeze storage. The space is entirely move-in ready for a restaurateur, boasting relatively new, high-efficiency A/C equipment throughout the first floor. Storage, utilities, and bathroom are located on lower level.Unparalleled Development Potential: A rare one-story building with a full basement, structurally primed for a two-story vertical expansion to maximize your footprint or add residential/commercial rental income.Turnkey Infrastructure: Fully loaded basement dedicated to utilities and massive storage capacity. Two dedicated loading zones directly out front make deliveries and high-volume takeout a breeze.Versatile Zoning & Licensing: Previously held a liquor license (buyer to obtain their own), making it a seamless transition for a vibrant bar/restaurant, high-end fine dining, a trendy caf, or a high-volume catering and takeout hub.Bring your vision to a neighborhood synonymous with Philadelphia food culture!Business not included. Liquor license not included. Furniture not included, bar negotiable.

## Location

- **Address:** 947 FEDERAL STREET, Philadelphia, PA 19147
- **County:** PHILADELPHIA
- **Neighborhood:** BELLA VISTA
- **Coordinates:** 39.934654, -75.160271
- **Google Maps:** https://www.google.com/maps?q=39.934654,-75.160271

## Listing Agent

- **Name:** Gregory J. Damis
- **Brokerage:** BHHS Fox & Roach Center City-Society Hill
- **Phone:** 4843248326

## Primary Photo

![947 FEDERAL STREET - Primary Photo](http://lh.rdcpix.com/5a55216771d0319ee7cbd6241b189c49l-f767956578r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.ai/listing/947-federal-street-philadelphia-pa-19147-h2654798)*

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**MLS#:** PAPH2654798 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach,  Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/947-federal-street-philadelphia-pa-19147-h2654798)

---

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