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235 S 10th St 3,745 SF 100% Leased Retail Building Philadelphia, PA 19107 $2,652,248 CAD ($708.21 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Tremendous Location in Old City
  • 6 Additional Apartments for Additional Income
  • Long Time Established Bar/Restaurant

EXECUTIVE SUMMARY

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

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,745 SF
Building Class
C
Year Built
1920
Price
$2,652,248 CAD
Price Per SF
$708.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.68
Lot Size
0.03 AC
Zoning
C2 - Currently used as a Bar/Restaurant on the first floor with six (6) apartments.
Frontage
20’ on 10th St

AMENITIES

  • Signalized Intersection
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Bank of America
ACME
Saxbys
Surf City Squeeze
IHOP
NY Pizza Department
Citizens Bank
HSBC
BurgerFi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881519950
Land Assessment
$461,252 CAD
Improvements Assessment
$1,076,256 CAD
Total Assessment
$1,537,508 CAD
  • Listing ID: 38250817

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 235 S 10th St, Philadelphia, PA 19107

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