UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PAPH2549482
Year Built 1920
Available Date 2025-10-31
Annual Tax Amount $15,344
Tax Year 2023
Lot Size 1,400 Sqft
Acres 0.03
Lot Dimensions 20.00 x 70.00
Property Sub-Type Other
Source BRIGHT
Property Description
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.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881519950
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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