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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.
Property Type(s):
Commercial
| Last Updated | 9/3/2024 | Year Built | 1920 |
|---|---|---|---|
| Community | 19107 (19107) | County | PHILADELPHIA |
Price History
| Prior to Jul 23, '24 | $2,485,000 |
|---|---|
| Jul 23, '24 - Sep 3, '24 | $2,000,000 |
| Sep 3, '24 - Today | $1,999,000 |
Additional Details
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19107 (19107) |
| HEAT | Hot Water, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 20.00 x 70.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 15344 |
| WATER | Public |
Location
Listing provided by Keller Williams Real Estate Tri-County
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 1/10/25 12:11 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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