$8,600,000
( $451.35Per Sq Foot )
 $46,167 est/mo Sourced by Back At You

911-913 Race St,PHILADELPHIA, PA 19107

PHILADELPHIA, PA 19107

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Description

Exceptional mixed-use investment opportunity at 911-913 Race Street in the heart of Philadelphia's Chinatown. This substantial property combines a three-level restaurant operation with 12 residential apartments above, providing diversified commercial and residential income.The restaurant occupies the basement commercial kitchen, first-floor main dining hall, and second-floor banquet facilities. Commercial rent is currently $10,000 per month plus NNN expenses. The 12 residential units generate approximately $19,700 per month based on the owner-provided rent schedule. Combined scheduled base rent is approximately $29,700 per month, or $356,400 annually, excluding additional NNN reimbursements.The upper-floor apartments include a mix of one- and two-bedroom residences with kitchens, bathrooms, individual living spaces, and select city views. The commercial portion features extensive dining and banquet capacity, private dining areas, a commercial kitchen, walk-in refrigeration, prep areas, and service equipment.Located near Chinatown's restaurants, businesses, cultural attractions, public transportation, and Center City amenities, this property offers a rare opportunity to acquire a sizable income-producing asset in a highly visible urban location.Property, unit configuration, rental amounts, lease terms, expenses, and financial information should be independently verified by the buyer. Please do not approach or disturb tenants or restaurant operations.

Details

MLS #PAPH2659706
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1965
Days On Site74
Listing Provided ByCanaan Realty Services INC | Yuhoi Lam

Features

BasementY
Story(s)5
Units12
ZoningCMX4
Acreage0.08

Interior

CoolingNone
Heating Yes / NoYes
Heating90% Forced Air

Exterior

RoofFlat
Construction MaterialsMasonry
Foundation DetailsConcrete Perimeter, Slab

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount25896

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19107
Area19107 (19107)
Community NameCHINATOWN
School DistrictPHILADELPHIA CITY
Listing VS Median (in CHINATOWN)
Price:
$8,600,000
low | high
Med:
$100,000
100% of Average
On site:
74
low | high
Med:
87
85.057471264368% of Average
Sourced by Back At You

Market Activity 19107

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Contact

Learn More About This Property

Lori Willis

Lori Willis

Century 21 Gold Key Realty

 (410) 708-1277loriwillis@c21gk.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19107
Area19107 (19107)
Community NameCHINATOWN
School DistrictPHILADELPHIA CITY
Listing VS Median (in CHINATOWN)
Price:
$8,600,000
low | high
Med:
$100,000
100% of Average
On site:
74
low | high
Med:
87
85.057471264368% of Average
Sourced by Back At You
Listing Updated: October 20, 2026 at 2:51:37 PM PDT