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235 S 10TH Street

PHILADELPHIA, PA 19107
  • $2,485,000
  • STATUS: Active
  • ON SITE: 278 Days
  • ID#: PAPH2288598
UPDATED: 134 min ago
$2,485,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1920
County:

School Ratings & Info

Description

Nestled at the heart of Philadelphia's vibrant cityscape stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. With an illustrious history and a prime location, this turnkey corner restaurant and bar, along with six accompanying apartments, awaits its next visionary proprietor. As an added gem, the liquor license is thoughtfully included in the sale, providing an unparalleled opportunity to step into the world of hospitality and thriving entrepreneurship.For generations, the Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. Its inviting ambiance and rich legacy have made it a beloved cornerstone of the community, offering a warm and welcoming atmosphere for patrons to gather and create cherished memories.The bar and restaurant are not just a property but a complete experience, thoughtfully curated and fully equipped to ensure its continued success. Its doors are open, and the wheels of hospitality are in perpetual motion, operating seven days a week. This perpetual activity ensures that the establishment remains an integral part of the community's social fabric, offering a place for celebration, camaraderie, and connection.The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As a savvy entrepreneur, this property offers not only a piece of Philadelphia's rich history but also a tangible and thriving business ready for your stewardship. With the included liquor license, a symbol of the establishment's esteemed reputation, you can take the helm of this beloved institution and guide it into a prosperous future.Whether you're a seasoned hospitality professional seeking your next venture or a visionary newcomer looking to make your mark, the Landmark property at 10th and Locust is an opportunity that promises not only financial reward but also the chance to become a cherished part of Philadelphia's vibrant culture.Sale includes Building, Bar, & Restaurant Business, Liquor license...... Can be sold Separately.

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©2024 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. 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. Data last updated: 2024-07-23T11:55:20.177.
www.lisasellsdelaware.com/homes/144487277
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235 S 10TH Street PHILADELPHIA, PA 19107

  • Price: $2,485,000
  • Status: Active
  • On Site: 278 Days
  • Updated: 134 min ago
  • ID#: PAPH2288598
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1920
Built
Neighborhood:
19107 (19107)
County:
Philadelphia
Area:
19107 (19107)
School District:
The School District Of Philadelphia
Property Description
Nestled at the heart of Philadelphia's vibrant cityscape stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. With an illustrious history and a prime location, this turnkey corner restaurant and bar, along with six accompanying apartments, awaits its next visionary proprietor. As an added gem, the liquor license is thoughtfully included in the sale, providing an unparalleled opportunity to step into the world of hospitality and thriving entrepreneurship.For generations, the Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. Its inviting ambiance and rich legacy have made it a beloved cornerstone of the community, offering a warm and welcoming atmosphere for patrons to gather and create cherished memories.The bar and restaurant are not just a property but a complete experience, thoughtfully curated and fully equipped to ensure its continued success. Its doors are open, and the wheels of hospitality are in perpetual motion, operating seven days a week. This perpetual activity ensures that the establishment remains an integral part of the community's social fabric, offering a place for celebration, camaraderie, and connection.The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As a savvy entrepreneur, this property offers not only a piece of Philadelphia's rich history but also a tangible and thriving business ready for your stewardship. With the included liquor license, a symbol of the establishment's esteemed reputation, you can take the helm of this beloved institution and guide it into a prosperous future.Whether you're a seasoned hospitality professional seeking your next venture or a visionary newcomer looking to make your mark, the Landmark property at 10th and Locust is an opportunity that promises not only financial reward but also the chance to become a cherished part of Philadelphia's vibrant culture.Sale includes Building, Bar, & Restaurant Business, Liquor license...... Can be sold Separately.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3479.00 Exclusions Transferable items that are leased - Glass washerSoda system Heating Hot Water Heating YN Yes

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Current Use BarApartments Heating Fuel Natural Gas Historic YN Yes Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802678209060 Ownership Interest Other Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 15344.00 Tax Lot 176 Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of Keller Williams Real Estate Tri-County: .


©2024 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. 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. Data last updated: 2024-07-23T11:55:20.177.
 
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