1002 Arch St, Philadelphia, PA 19107

Property Description

Fully Equipped Restaurant for Lease in the Heart of Chinatown – Prime Center City Location Exceptional opportunity to lease a fully equipped restaurant in the heart of Chinatown, just one block from the Pennsylvania Convention Center and the famous Reading Terminal Market. This highly visible corner location at 10th & Arch Streets is surrounded by major tourist attractions, including Independence National Historical Park, and offers outstanding foot traffic in one of Philadelphia's most vibrant dining and entertainment districts. The property features a spacious dining room, a large commercial kitchen, and a full basement equipped with a walk-in freezer, walk-in refrigerator, ample storage, and additional utility space. Although the restaurant is currently closed, the lease includes all existing assets, furniture, fixtures, and equipment in their current condition, providing an excellent opportunity for a new owner to launch or expand a restaurant concept. A new lease is available starting at $7,500 per month, NNN. This premier location, directly across from the Chinatown Friendship Gate, is ideal for virtually any restaurant or food service concept. Showings are by appointment only. Qualified prospective tenants must demonstrate strong financial qualifications prior to scheduling a tour.