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About This Home
This 0-bedroom, 0-bathroom other at 235 S 10TH Street in Philadelphia, PA is listed for $1,900,000. Built in 1920, on a 0.03 acres lot.
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 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. 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
Key Features
- Built in 1920
- 0.03 acre lot
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
235 S 10TH Street
Philadelphia, PA 19107
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 235 S 10TH Street is listed at $1,900,000. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.03 acre lot.
This property is listed by Vincent Carnuccio and can be reached at 2154648800 or vincentc@kw.com.
