125 Walnut St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19106- Old City
$2,800,000 USD
215-440-2095
125 Walnut St, Philadelphia, PA for Sale
$2,800,000 USD
Storefront Retail/Residential - FOR SALE
1/22
null | Request Cap Rate

125 Walnut St
Philadelphia, PA 19106
Old City


HIGHLIGHTS

  • Layout works beautifully for a speakeasy or dance club. 

OVERVIEW

Iconic Philadelphia bar/restaurant located at 2nd & Walnut Street, available for sale (building only). A prestigious property located in Society Hill on the cusp of Old City. Step inside where you’ll be greeted by the grandeur of an opulent “original” wood bar accompanied by magnificent ceramic tiles, plenty of lights and colorful dining booths. The dining area seamlessly extends through an authentic ship’s wheel to a versatile space that is used for banquets and private events or additional dining space. On the other side of the bar, you’ll find a cozy space with a private entrance that can be utilized as a cigar lounge, banquets/ private events, or just additional dining space. This space features its own bar and a private room designed to be the wedding suite. The tiled restrooms are spacious, elegant, & stylish. The kitchen is ample at 2,800 square feet, featuring 5 walk-in refrigerators/freezers, separate prepping area, generous cooking and grilling area and separate dishwashing room. This landmark property boasts close to 13,000 square feet of versatile space presenting endless possibilities for the future. It can accommodate seating for up to 387 guests at a time. On the lower level you’ll find 2 office spaces, essential for running the business, and a powder room for the employees and plenty of storage space. Mechanical, boiler, transformer and fire pump room are also located in the lower level. An additional walk-in refrigeration box used for beer kegs and beverages is located in the basement. 2 sets of doors will ease the basement access from the street for deliveries. Layout works beautifully for a speakeasy, dance club or elegant catering.  Liquor license is available for an additional fee. Lease option available - call for details. Space is part of Moravian Condominium. One block from the Chestnut St Penn’s Landing ramp & the Seaport Museum and River RInk. One 1/2 block from the anticipated Walnut Bridge connecting Penn's Landing with Walnut Street and one 1/2 block from the Ritz Movie Theater, Society Hill Towers and adjacent to the Marriott Hotel. Schedule a showing today to explore the possibilities that await you and don’t miss the chance to own a piece of Philadelphia’s history.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Iconic Philadelphia Bar/Restaurant for Sale!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

C3, Philadelphia

APN/PARCEL ID

888035238

ASK ABOUT THIS PROPERTY

Gregory DamisBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-440-2095

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Gregory DamisBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-440-2095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.