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Listing Courtesy of: Vincent Carnuccio - Keller Williams Real Estate Tri-County 215-464-8800

$1,999,000

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235 S 10TH Street Philadelphia, PA 19107 Municipality: Philadelphia

General Commercial Residence

Beds

Baths

3,479 Sq. Ft.

0.03 Acre Lot

Property Activity

Time on Site

days

Days on Market

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Last updated on 9/24/2024 10:16 AM

Listing Details

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 apart...ments, awaits its next visionary proprietor. 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. 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. Continue reading

MLS#

PAPH2288590

Property Type

General Commercial

Year Built

1920

Square Feet

3,479 sq. ft

Price per Sq. Ft.

$574.59

Lot Size

0.03