235 S 10th St, Philadelphia, PA, 19107

235 S 10th St, Philadelphia, PA, 19107 < >
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for sale
$2,485,000
Lot Size:0.03 Acres
Year Built:1920
Status:Active
MLS #:PAPH2288598
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
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. As an added gem, the liquor license is thoughtfully included in the sale, 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. With the included liquor license, a 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.
Interior Details
Building Total SQFT: 3479.00

Exterior Details
Lot Size Acres: 0.03Lot SQFT: 1400.00

Community Information
County: PHILADELPHIAMLS Area: 19107 (19107)
Zoning: CMX2Municipality: PHILADELPHIA

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Restaurant/Bar, Apartment Building
Construction Materials: MasonryDOM: 1
New Construction YN: NProperty Sub Type: Mixed Use
Vacation Rental YN: NYear Built: 1920

Financial Information
Sale Type: Standard

Utilities
Heating Type: Hot WaterSewer Septic: Public Sewer
Water Source: Public

Listing Information Courtesy of:
List Agent Full Name: Vincent Carnuccio
List Office Name: Keller Williams Real Estate Tri-County
List Office Phone: 2154648800

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Monthly Payment for 235 S 10th St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$2,485,000
Down Payment:
Loan Amount:$1,988,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Vincent Carnuccio, Keller Williams Real Estate Tri-County
Information obtained from Bright MLS is current as of 5/2/2024 11:11 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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