Property

Philadelphia, PA 19107 235 S 10Th Street

235 S 10Th Street Philadelphia, PA - Image 1235 S 10Th Street Philadelphia, PA - Image 2235 S 10Th Street Philadelphia, PA - Image 3
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235 S 10Th Street Philadelphia, PA - Image 4235 S 10Th Street Philadelphia, PA - Image 5
Presented By: Keller Williams Real Estate Tri-County
  • MLS# PAPH2288590
  • 10/18/2023
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  • SQFT • 3,479

Home 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 apartments, 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.
Presented By: Keller Williams Real Estate Tri-County

Interior Features for 235 S 10Th Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 235 S 10Th Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeRestaurant/Bar, Apartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyPHILADELPHIA
Days on Market326
DirectionsGPS to the corner of 10th & Locust Street
DisclosuresHistoric Property
ExclusionsTransferable items that are leased - Glass washer, Soda system
HeatingHot Water
Historic Y/NYes
Lease Considered Y/NNo
Lot Size Square Feet1400.00
Lot Size UnitsSquare Feet
MLS Area19107 (19107)
ModificationTimestamp2024-09-06T14:47:51
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal2
Percent OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG574.59
Property SubTypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount15344.0
Tax Assessed Value1096200.0
Tax Lot176
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningCMX2

Exterior for 235 S 10Th Street

Building Area Total3479.00
Car Parking Spaces
Land Assessed Value328860.00
Land Use CodeCA0
Lot Dimensions20.00 x 70.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Derrick Sims

Associate
Price $1,999,000
MLS#PAPH2288590
List Date 10/18/2023
Property Type Commercial
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