For Sale Commercial MLS# PAPH2664676

235 S 10TH ST

PHILADELPHIA, PA 19107

$1,900,000

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About 235 S 10TH ST

Nestled at the heart of Philadelphia's Old City stands the remarkable Landmark property, an iconic establishment gracing the prominent intersection of 10th and Locust. Locust Bar offers prime location as a turnkey corner restaurant and bar. This amazing property also boasts six accompanying apartments offering a wholly separate source of revenue. Investors have a value-add opportunity with the 6 apartments – simple renovations/upgrades could easily yield increased rents. Locust Bar has stood as an enduring neighborhood staple, a cherished destination for locals and visitors alike. The investment potential here is truly remarkable, reflecting a solid and attractive return on investment. As an entrepreneur, this property offers a piece of Philadelphia's rich history and a thriving business ready for your stewardship. 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 offers a tremendous investment and business opportunity. Please note that the R liquor license is available for purchase for an additional $200,000.00

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1920
Lot
0.03
Original price
$1,900,000
MLS #
PAPH2664676

Interior

Features
Central A/C, Window Unit(s), true, Hot Water, Natural Gas, Laminated, Tile brick, Vinyl
Flooring
Laminated, Tile brick, Vinyl
Heating
true, Hot Water
Cooling
Central A/C, Window Unit(s)

Exterior & lot

Construction
Masonry, Concrete Perimeter
Foundation
Concrete Perimeter
Lot
CMX2, 881519950

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public, Electric available, Natural gas available, Phone available, Sewer available, Water available
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, Transferable leased items: glass washer, Soda system.
Annual tax
$18,431
Tax year
2026
Parcel
881519950

Location

Area
19107 (19107)
County
PHILADELPHIA-PA
Neighborhood
Washington Square
Community
PHILADELPHIA-PA, BRIGHT_MAIN, PHILADELPHIA CITY
Directions
Use GPS

Location

Neighborhood
Washington Square
School district
Philadelphia City School District

Ask about this property

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Listed by Alia Asanova, Keller Williams Real Estate Tri-County

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.