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
Listed By
Agency Name: Keller Williams Real Estate Tri-County
Agency Phone: 2154648800
Shown By
Agent Name: Homesale Realty Careers Team
Agent Phone: (800) 383-3535
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
235 S 10th Street | MLS# PAPH2549482
This commercial property located at 235 S 10th Street, Philadelphia, PA 19107 is currently listed for sale with an asking price of $1,900,000. S 10th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.homesalecareers.com today.