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911-913 Race StreetPhiladelphia, PA 19107Price: $8,600,000

  • Price: $8,600,000
  • 52 Days on Market
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Federal 30-year interest rate: 7.28% last updated on Oct 1, 2026
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911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107911-913 Race Street Philadelphia PA 19107
QR Code
  • 0.08Acreage
  • 1965Year Built
  • 451Price Per Square Foot
  • 12Units
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.
Listed by Yuhoi Lam of Canaan Realty Services INC

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • TopographyLevel urban lot.
  • UsmAreaPhiladelphia -

Parking

  • Parking TypesNone

Basic Information

  • Date Listed08/13/2026

Location

  • Address911-913 Race Street
  • Building Number911-913
  • CountyPhiladelphia
  • Cross StreetN 9TH ST
  • DirectionsOn Race Street between N 9th Street and N 10th Street in Philadelphia's Chinatown neighborhood.
  • IncorporatedcitynamePhiladelphia
  • StatePA
  • SubdivisionChinatown
  • TownPhiladelphia
  • Zip19107

Interior

  • Clear Span Ceiling Height12' to 15'

Utilities

  • CoolingNone
  • Cooling FuelElectric
  • Heat System90% Forced Air
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameCanaan Realty Services INC
  • List Price$8,600,000
  • MLS NumberPAPH2659706
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot451
  • StatusACT
  • Units12

Building

  • Building Area SourceEstimated
  • Building Area Total19054
  • Building PermitsOn Hand
  • Construction MaterialsMasonry
  • Elevators1
  • FoundationConcrete Perimeter, Slab
  • Stories5
  • Total Restrooms17
  • Year Built1965
  • Year Built Effective2025

Exterior

  • RoofFlat

Tax Information

  • Assessment Year2026
  • County Tax Payment FrequencyAnnually
  • School Tax$14,502
  • Tax Assessment Amount$1,850,000
  • Tax Lot11
  • Tax Year2026
  • Taxes$25,896
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.08
  • Business TypeRestaurant/Bar
  • Lot Size SourceEstimated
  • Lot Size Square Feet3,485
  • New Construction YNN
  • Property SubTypeMixed Use
  • Road Frontage Length34
  • ZoningCMX4
  • Zoning DescriptionCMX-4 commercial mixed-use zoning; verify permitted uses with the City of Philadelphia.

Amenities

  • Accessibility AmenitiesElevator

Other

  • Operating Expense IncludesInsurance
  • View Count2

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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