Prime Bar & Restaurant Opportunity — Heart of Old Kensington

1647 N 2nd Street, Philadelphia

Located in the center of one of Philadelphia’s fastest-growing neighborhoods, this fully built-out three-story bar, restaurant, and event venue offers a rare turnkey opportunity. Surrounded by significant new multi-family developments and consistent pedestrian activity, the property provides outstanding visibility, accessibility, and operational versatility. The building is fully ADA compliant, complete with a commercial elevator servicing all floors. Liquor License included.

Property Highlights

• Three floors of finished commercial space

• Liquor License included

• Full ADA accessibility with commercial elevator

• Full commercial kitchen + dedicated dishwashing room

• Walk-in cooler + multiple commercial refrigeration units

• Three full bars (one on each floor)

• Third-floor private event space

• Hardwood, tile, and custom woodworking throughout

• Rear stairwell for operational flow

Third Floor — Event Space

A fully equipped private event venue featuring:

• Full bar

• Attic-air commercial refrigeration

• Dishwasher equipment

• Full plumbing

• Two bathrooms

• Direct elevator access

  Perfect for private parties, corporate events, or specialty programming.

Second Floor — Restaurant & Bar

A beautifully appointed restaurant level offering:

• Full bar with custom woodworking and built-ins

• Beer taps, commercial refrigeration, and dishwasher

• Royal espresso machine

• Two full bathrooms

• Hardwood and tile flooring blend

• Elevator access

  Ideal for elevated dining or hybrid bar concepts.

First Floor — Bar & Full Kitchen

Street-level entry into a welcoming bar area with:

• Full bar with plumbing

• Custom wrap-around booth seating

• Rear stairwell access

Commercial Kitchen Includes:

• Two Imperial fryers

• Radiance cooktop and griddle

• Continental cold-storage units

• Stainless steel prep and service stations

• Full plumbing

Refrigeration & Support Areas:

• American Panel walk-in cooler

• Continental commercial refrigerator

• Dedicated dishwashing room

• Lower-level bathroom

Summary

This property offers an exceptional turnkey opportunity in Old Kensington: a fully equipped, multi-floor bar, restaurant, and event venue with premium finishes, a complete kitchen, three bars, ADA accessibility, and strong surrounding residential density. Ideal for operators seeking a high-performance space in one of Philadelphia’s most in-demand neighborhoods.