235 S 10th St, Philadelphia, PA 19107
- $1,900,000
- List Price
- $1,900,000
- Days on Market
- 16
- Status
- ACTIVE
- MLS#
- PAPH2664676
- Lot Size (Acres)
- 0.03
- Year Built
- 1920
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Nestled at the heart of Philadelphia's Old City stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. Locust Bar offers prime location as a turnkey corner restaurant and bar. This amazing property also boasts six accompanying apartments offering a wholly separate source of revenue. Investors have a value-add opportunity with the 6 apartments – simple renovations/upgrades could easily yield increased rents. Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As an entrepreneur, this property offers a piece of Philadelphia's rich history and a thriving business ready for your stewardship. 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 offers a tremendous investment and business opportunity. Please note that the R liquor license is available for purchase for an additional $200,000.00
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Additional Information
- Area
- 19107 (19107)
- Taxes
- $18431
- School District
- Philadelphia City
- Flooring
- Laminated, Tile/Brick, Vinyl
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C, Window Unit(s)
- Utilities
- Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Keller Williams Real Estate Tri-County. Contact: 2154648800
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