1706 Lombard Street
Philadelphia, PA 19146
Listing provided courtesy of: Keller Williams Main Line
Property Description
Liquor License + FF&E (Property is NOT included)
1706-08 Lombard St is located in the sought after area of Rittenhouse Square.
This a rare opportunity to own a fully functional restaurant / bar business in one of Philadelphia’s most vibrant and thriving neighborhoods.
**** Prime Location: **** Situated in a high-traffic area just steps from Center City, this dual storefront property sits along a bustling corridor known for its dining, retail, and entertainment.
Currently Midnight Iris and previously Astral Plane a staple in the area, is a fully operational, move-in-ready restaurant space that includes two levels of seating, a cozy lounge area, 2 bar areas, a fully equipped commercial kitchen, and ample basement storage. The interior is eclectically designed with attention to detail, from its hand carved cherry wood railings to its repurposed vintage doors bar front with glass door handle for hanging your belongings. The interior features contagious character is perfect for transforming the space into your own concept.
The location is highly walkable and has a walkability score of 99, surrounded by a vibrant mix of residential and commercial properties, and just blocks away from South Street, major hospitals, Jefferson University, and Rittenhouse Square.
**** Investment Potential: **** If you’re an experienced restaurateur looking for a dynamic commercial space, this property offers significant upside potential. The Rittenhouse area of Philadelphia is mecca for tourism and continues to grow, attracting both residents and visitors seeking unique dining experiences.
With its unbeatable location, neighborhood notoriety, and approx. 3,300 sq ft of leasable retail space, this property is an ideal opportunity for anyone looking to open a restaurant / bar in Philadelphia’s thriving restaurant scene.
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Features:
On Street Security System, Smoke Detector(s) Public Sewer
| Price: | $400,000 |
| Interior (SQFT): | 3,264 |
| Lot Size (SQFT): | 1,307 |
| Property Type: | Commercial Sale |
| Year Built: | 2011 |
| Subdivision: | Rittenhouse Square |
Listing provided courtesy of: Keller Williams Main Line. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 06/09/2025 11:46:55
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