Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
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 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. 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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,900,000
-
Tax Amount
15344.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
176
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Vincent Carnuccio , Keller Williams Real Estate Tri-County
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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